Showing posts with label Amended New Format of Form 16. Show all posts
Showing posts with label Amended New Format of Form 16. Show all posts

Saturday, 12 October 2019

INCOME TAX DEDUCTIONS U/S 80DDB WITH AUTOMATED 100 EMPLOYES MASTER OF FORM 16 F.Y 2019-20 & AY 2020-21

Section 80DDB
An individual (less than 60 years of age) can claim up to Rs 40,000 for the treatment of specified critical ailments. This can also be claimed on behalf of the dependents. The tax deduction limit under this section for Senior Citizens and very Senior Citizens (above 80 years) has been revised to Rs 1,00,000 w.e.f FY 2018-19.
To claim Tax deductions under Section 80DDB, it is mandatory for an individual to obtain a ‘Doctor Certificate’ or ‘Prescription’ from a specialist working in a Govt or Private hospital.
For the purposes of section 80DDB, the following shall be the eligible diseases or ailments:
Neurological Diseases where the disability level has been certified to be of 40% and above;
(a) Dementia
(b) Dystonia Musculorum Deformans
(c) Motor Neuron Disease
(d) Ataxia
(e) Chorea
(f) Hemiballismus
(g) Aphasia
(h) Parkinson’s Disease
  • Malignant Cancers
  • Full Blown Acquired Immuno-Deficiency Syndrome (AIDS)
  • Chronic Renal failure
  • Hematological disorders
    • Hemophilia
    • Thalassemia

Download And Prepare At a Time 100 Employees  Automated Income Tax Form 16 Part A&B (Modified Format) [This Excel Utility Prepare At a time 100 Employees Form 16 Part B in New Format for A.Y. 2020-21 ] ( Who are not able to download the Form 16 Part A from the TRACES Portal, they can use this utility)



The main feature of this Excel Utility:-

1)   Prepare At time 100 Employees  Excel Based  Form 16 Part A&B ( Modified Format of Form 16 Part B Vide CBDT Notification No.36/2019 Dated 12/04/2019 ]
2)   All the Amended Income Tax Section have in this utility as per Budget 2019
3)   You can print individual Form 16 Part Part A&B
4)   Most easy to install just like an Excel File
5)   Easy to Fill all column
6)   Automatic Convert the Amount to the In-Words

Wednesday, 5 July 2017

Auto fill Excel Based Form 16 Part B and Part A&B for the Financial Year 2016-17 and Assessment Year 2017-18


Download the Excel Based Automated Form 16 for Financial Year 2016-17 & Assessment Year 2017-18 from the below link
Main Feature of this Excel Utility is:-
  • Automatically calculate the Form 16 Part A&B and Part B
  • Automatic Calculate the Income Tax Liability 
  • Automatic Prepare the Form 16 after filling the employee's data
  • Automatic Convert the Amount into the In words
  • Easily generate the Utility
  • Easy install this utility more than One System and work from both System

1) Download the On by One Prepare Form 16 Part A&B and Part B for F.Y. 2016-17( Prepare One by One Form 16 Part A&B and Part B for FY 16-17) 

2 )Download 50 employees Master of Form 16 Part A&B for F.Y.2016-17(This utility can prepare at a time 50 employees Form 16 Part A&B for FY 2016-17) 

3 )Download  100 employees Master of Form 16 Part A&B for F.Y.2016-17(This utility can prepare at a time 100 employees Form 16 Part A&B for FY 2016-17) 

4 )Download 50 Master of Form 16 Part B for F.Y. 2016-17( This can prepare at a time 50 employees Form 16 Part B for FY 2016-17) 

 5 )Download 100 Master of Form 16 Part B for F.Y.2016-17( This can prepare at a time 50 employees Form 16 Part B for FY 2016-17) 

6) Download the Master of Form 16 Part B with Form 12 BA for F.Y. 2016-17 ( This utility can prepare at a time 50 employees Form 16 Part B with 12 BA for FY 2016-17)


The Income Tax Department has notified that the Income Tax Form 16 Part A is now Mandatory to download from the Traces Portal (www.tdscpc.gov.in) by the all of the deductors. But most of the deductor has not able to download the Form 16 Part A or them have not well known to how to download the Form 16 Part A from the TRACES Portal. Some of the Deductor yet not known about this new Notification of CBDT. It appears that the most of the Deductor have not known that the new format of Form 16 and the Form 16 have in two parts Part A and Part B.Various Govt and Non-Govt Concerned could not download the Form 16 Part A from the TRACES Portal. But Form 16 must be distributed to their employees within this month positively so they can fill the Income Tax return online or off the line.

The Part A of Form 16 have only had the Quarter ended Income Tax deducted and deposited into the Central Govt Account. and another Part of Form 16 Part B have the Details of employee's Salary with the Tax liability of the employee

Any employee can view and download the Tax Deducted and Deposited through the view and download the 26A through the TRACES Portal ( www.tdscpc.gov.in). this 26A is like as the Form 16 Part A.  


If you are not able to download the Form 16 Part A you can look the above given some Excel Based Form 16 Preparation Software which can prepare both of Form 16 Part A&B and Part B for the financial Year 2016-17 and Assessment Year 2017-18.