The CBDT has already Circulate vide Circular
No.4/2013 dated 17/4/2013 and that the Part A of Salary Certificate
Form 16 is Mandatory to download from the Income Tax New Web Site TRACE and the Part B must be prepare
by the Employer/Deductor. As per the New Amended Salary Certificate Form 16 has
already Changed the Format of Form 16 vide Notification No. 11/2013, where the
Form 16 made in two parts. One Part -A and Part - B. The Part A (Details of Tax
deducted and deposited in to the Central Govt)
is now mandatory to download from the Web Site TRACES Portal. In the Part B where the
details of employees Salary and benefits which is Mandatory to prepare by the
Employer.
It may also have in trouble who are not
known about this New Circular of the CBDT, and also facing the problem to
download the Part A of Form 16 from the New TRACES Portal.
Most of small concerned where have no
Internet Facility and they can not able to download the Part A from the TRACES
Portal. The New Amended Form 16 Part B ,that there have no extra column for
indicate the who's Salary Certificate Form 16 Part B is prepared. Below given
the Format of New Amended Form 16 Part B
The below given Excel
Based Utility can prepare at a time 100 employees Salary Certificate Form
16 Part B with the Tax Compute of each employees for the FY 2014-15 and
Assessment Year 2015-16.
