Under section 203 of the income tax act, 1961 the tax deducted at source tds from the income earned as salaries is reflected in this certificate. Part a contains details of tax deduction and deposit and part b annexure contains. As per the income tax act, every employer, at the time of paying salaries, is required to deduct tax or tds tax. Form no 16 a is a certificate issued under section 203 of income tax act, 1961. How to generate form16a for payments other than salary cleartax. Pranab banerjee comment that where i launch the complaint if tds deductor not issue tds certificate form 16 what will do taxpayee. For example, form 16a is taken out by banks when they. If tds certificates are to be issued for income other than salary,then you have to download form. Tds certificate for salaried employee from traces new website of tds for assessment year 2014 by its new circular 420 dated 17. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Like form 16 is for salaries, form 16a is a certificate of tax deduction at source tds by an employer which shows the amount of tax deducted at source, nature of payment, and the tax deposited with it department on income other than salaries. This facility only possible to those taxpayee or tax deductors whose tan registred with nsdl. Form no 16a is a certificate which is issued for the tax deduction at source for the income other than salaries.
In case of salaries, the certificate should be issued as form 16 containing details of tax computation as well as tax deducted and paid. Form 16a, on the other hand, is another form that is quite similar to form 16. As a proof of such withholding of tax, the payers issue a tds certificate to the payee, i. Now there is a facility of tin dot website to download form 16a directly.
As in the case of form 16, pan number of the deductor and deductee, tan number of the deductor, tax deposited and the unique number of the tax receipt should be part of the form 16a certificate. Download official etutorial on how to download form 16b. The objective of form 16 and form 16a is the same as they are both tds certificates and the difference lies in the issuing body. Download income tax tds form 16 in hindi pdf how to fill tds form 16a for salary eligibility. Hi, form 16a is the detailed document issued by the deductor company or any organisation, to deductee individual, against the tds deducted from the payment of commisson or compesation other than salary. Form 16c is a tds certificate issued by a tenant taxpayer to landlord deductee for payment of rent under sec 194ib. Difference between form 16 and form 16a, hi friends find complete details of form 16 and form 16a like whats form 16. The buyer has to fill in details in the form 26qb and deposit tds after which he will be able to down the 16b form online. What is form 16a form 16a for income tax return filing. Check here the tds rate chart for income other than salary for fy 201516. Part a of the form 16 asks about the unique tds certificate number, name and address of the employer, name and address of employee, pan and tan of employer, pan and reference number of the employee, financial year and period of employment and total. This is usually applicable towards things such as, winning from a lottery or crossword puzzle.
Form 16 a approves the tds of the employee for the financial year. This tutorial is the complete procedure with all the picture with which one can easy download the tds certificate forms. Home income tax tds download tds certificates form 16 and 16a. Tds is now applicable on sale of immovable property. Aug 31, 2018 i m seller and want to download form 16b as my buyer had deducted tds but he is ignoring to give me form 16b. Download form16 form 16a from tdscpc website latest pdf. Zip software which is easy to use and generates tds form16 or 16a by tan or pan registration. How to generate form 16 partb on cleartds using excel sheet. Difference between form 16 and form 16a form 16 vs form 16a.
Deductor or taxpayer individual or huf who are not liable to deduct tds. Free download latest pdf converter of form16 or 16a for. Form 16 a is a certificate of tax deduction at source that the employers issues to its employees as proof of the tds. The most common financial document all working employees come across while filing their income tax returns is the tds certificate or form 16. Click tap to accept above terms and conditions for download and use of the form. It is essentially an indirect method of collecting tax which combines the concepts of pay a. Jun 05, 2014 if do you wish to download form 26as or issue form 16b tds certificate to your seller of immovable property then you may do it by using creating login at traces website. Introduction the concept of tds was introduced with an aim to collect tax from the very source of income. Hope this helps you in getting form 16b from traces. This might make you doubt the importance of tds certificates but the rationale behind introducing form 26as is to enable the taxpayer to cross check the details mentioned in hisher tds certificates with those mentioned in form 26as and create. Aug 31, 2018 print, sign and deliver it to the seller. Form no 1616atds download form 16 form 16a tds certificate in excel format. Form 16 is a statement containing tds deducted details on salary for an employee, which is issued by the employer to the employee.
The form 16 is only for salary income the form 16a is applicable for tds on income sources apart from salary. Keeping in view the latest amendment made by income tax department regarding tds tcs forms, returns and procedures w. These deducted tds details are acknowledged in form 16 tds certificate. Tds certificates to nonsalary deductees to be issued within fifteen days from the due date for furnishing the statement of tax deducted at source under rule 31a. As you all know it is most important form and regularly used by us.
Tds certificate form 16 16a verification by the taxpayer. Traces has already been provided tracespdfconverterv1. The form can be printed and signed and then it is to be delivered to the buyer. This refers to the details submitted in form 24q by deductor. Professional fee for tds, bank interest, rental payment. It can be downloaded from traces and considered as valid tds certificates, as per cbdt circular 0420 dated 17th april 20. Employer deductor has to quarterly file tds statement in form 24q. Every person deducting tax is duty bound to furnish this certificate to the person from whose incomepayment the tax has been deducted. Form 16a text file will be available only after you have submitted regular statement in form 26q27q and the same has been processed at tds cpc. Here is the complete guide on how to download tds certificate form 16 from traces by the person who has deducted the tds deductor under income tax act from salary. Cpc tds releases online correction facility for 26qb statements.
Please select form 27d under downloads section to place a request for download. I f you are not registered with traces then first register your tan at traces and start the procedure of download of form 16 part a and. As per the income tax act, tds is liable to be deducted on all other payments if the payment expected to be made during the year is more than rs. The content of form 16a is similar to part a of form 16. Download form 26as income tax credit statement tds. Where form 16 applies only to salaried workers, the form 16a is for tds from sources of income other than salary. Frequently asked questions faq on form 1616a tdsman blog. Apr 25, 2014 updated form 16 software for employee for asstt.
As per this concept, a person deductor who is liable to make payment of specified nature to any other person deductee shall deduct tax at source and remit the same into the account of the central government. Thus, form 16d is available for download from fy 201920 onwards. In case of tds deducted on salary form no 16 has to be issued for which you can refer how to download form 16 tds certificate from traces. Complete guide on downloading form 16a by deductor of tax from traces website of income tax department. How to file income tax return itr 2017 how to claim tds form.
As advised by income tax department, the facility to verify the form 16a issued by the deductor has been discontinued at tin. One can download this form from the website traces. Income tax department has issued complete procedure and e tutorila to download form 16a from tin. Form 16 16a is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees. Form 16a downloaded only from traces are considered as valid tds certificates, as per cbdt circular 0420 dated 17th april. Form 16b download the form online from traces website. While form 16 shows the tax deducted at source tds for a salaried employee, form 16a is applicable for nonsalaried employee. Form 16a is to be issued for deductions other than salary.
Form 16a will be issued by when tds is deducted for fixed deposits, for tds deducted on insurance. With all india itr, it is easy by clicking on the quick upload option for form 16 button. Tds certificate in form no 16 as notified vide notification no. For access to form 16a, deductor collector are advised to login to traces. Form 16 is a tds certificate certifying the amount of tds deducted, nature of. Income tax form 16 is a tax dedcution salary certificate us 203 of income tax act, 1961 for tax deducted at source from income chargeable under the head. Under section 192 of the income tax act,1961 every employer should deduct tds from employee salary.
Form 16a download for it returns form 16a online application form pdf basically form 16 a is a it returns form to submit the tax deduction at source tds by the employer on behalf of the employee. Tds certificate download by deductee tds income tax. Form 16a is a statement containing all the tds deducted on all payments except salary, for e. The form 16a is a certificate to endorse the amount of tax deducted at source for individuals whose earnings are generated from nonsalary incomes. Form 16 file itr without form 16 income tax return. What do you mean by form 16a tds, related to income tax. How to download form 16 part a from tds cpc website. Form 16 is a tax deducted at source certificate issued by an employer to its employees when they deduct tax. Both form 16 and form 16a are proofs of tax deductions at source tds provided by employers to their employees. Form 16 and form 16a means and difference indian tax updates.
Tds not deducted but need form 16 or salary certificate. It is mandatory to issue these certificates to tax payers. Here you can download the latest auto income tax calculator for fy 201920 ay 202021 or simply form 16 in excel format for ay 202021. Form 26as is a consolidated statement of the total tds deducted which includes details that are reflected in form 16, form 16a and form 16b. Jun 22, 2018 upload form 16 just upload the form 16 received from your employer and well do the rest. Now there is no need to manual filling of form 16a.
Part a of form 16 which contains details of tax deducted and deposited by the employer can be downloaded from traces by deductor. Jun 23, 2014 in future, you will be able to use this consolidated tax statement form 26as as a proof of tax deducted collected on your behalf and the tax directly paid by you along with your income tax return, after the need for submission of tds tcs certificates and tax payment challans along with income tax returns has been dispensed with by the. Cacsicwa tax professionalsportal download form 1616a new traces pdf converter 1. Form 16 is a tds certificate issued by the employer deducting the tds while.
Tax deducted at source tds, as the very name implies aims at collection of revenue at the very source of income. Like form 16, form 16a is also a tds tax certificate, however it deals primarily with taxes deducted on things other than salary, such as professional fees, rent, bank interest payments, etc. Nov 26, 2015 the due date to download form 16 salary person for financial year 2014 is 31st may 2014. Jul 14, 2018 taxes are collected from taxpayers in the form of tds, advance tax and selfassessment tax. Traces facilitates the buyer of immovable property to download form 16b after registering on traces as taxpayer. Form 16 as we all know it is one of the most important forms, and is regularly used by us. Form 16 provides the details of tax deducted and a proof that tax. Form 16 form 16a latest pdf generation utility ver. Tds certificate form16 would be generated for the deductee only if valid pan is correctly mentioned in the annexure ii of form 24q in quarter 4 filed by the deductor. Tds itr filing itr taxpayer employer employee form 16. Cbdt has recently changed the format of form 16 and this new format of form 16 have in 2two parts, one is part a which is mandatory to download from the income tax traces portal and another is part b which must be prepare manually for employee by employer. Form 16 is a tds certificate which reflects tds deducted on the salary.
It is the certificate of deduction of tax at source by any person in accordance with chapter xviib of it act. Where form 16 shows the deduction of tds from salary, 16a shows tds inferred from all other type of payments and form 16b shows tds deducted from the property sale. To issue form 16 tds return in form 24q to be filed by deductor employer. Dear visitors, on the post is there any provision to punish the tax deductor when will not issue tds certificate form 1616a within time as per income tax act, 1961. Sep 09, 2015 what is tds or tax deducted at source. Jan 24, 2019 tds form 16 b in excel format fill before print. Form 16a is issued if the deduction of tax is under any other provision of chapter xviib of it act.
It is a certificate issued to you by your employer stating the details of the salary you have earned and the tax deducted on your behalf and paid to the government. What is form 16b form 16b for income tax return filing. A zip file will be downloaded containing all the form 16s in pdf format. Nature of tax deduction and person responsible to deduct. Form 16 in excel format for ay 202021 free download. Even for banks and the companies, it is mandatory to download form 16a from the website of tin and give it to the deductee. Both form 16 and from 16a is a tds certificate which gives an assurance that the amount of tds deducted, nature of payment and tds deposited with the income tax department. Form 16a is given as tds certificate for tds deducted on income other than salary income.
Form 16 is issued on deduction of tax by the employer on behalf of the employee under section 192 of it act, 1961. After the successful filing of tds return for payments other than salary form 26q, you will have to download form16a. Form 16a is a document that certifies tax deducted at source tds along with form 16. So what is the difference between form 16 and form 16a. How to download tds certificate form 16 from traces.
Form 16 is the certificate issued under section 203 of the income tax act for tax. Before filing income tax return, it is necessary to obtain form 16, if working with an organisation, or form 16a, in case of payment other than salary. Due date form 16a tds certificate changed income tax india. It will refer to the details that the deductor has filled with it department while depositing your deducted income tax. On the basis of form 16, a taxpayer can easily file his income tax return form. Download income tax forms form 16 a, itr forms etc. Download excel format of new form 16 salary certificate, 16a tds certificate, tcs challan no. Jun 10, 20 free download latest pdf converter of form16 or 16a for asstt. Under section 203 of the income tax act, 1961 the tax deducted. Certificate of tax deducted at source under section 203 in excel format by finotax which you can fill before print on your pc laptop. In this notification due date to filing etds returns has been extended by 15 days for first three quarters of the financial year but remains the same for last quarter ending 31st march.
May 30, 2014 after download a zip file from tdscpc webiste you have to convert zip file to pdf form 16 form 16a files,you need pdf generation utility,which can be downloaded from tdscpc website,but due to rush at website,many deductors are facing problem in downloading pdf generation utility,so we have given a link below to download latest pdf generation utility 1. Form 16a is a tax deducted at source tds certificate provided along with the form 16. This is the form for issuing tds certificate for other than salary. Tds certificate is to be issued by person deducting tax at source. The due date to download form 16a other than salary person for q4 fin. Form 16a is a tax deducted at source tds certificate that denotes the amount of tds, nature of payments and the tds payments deposited with the it department. Tds is tedious but may be friendly by way of introducing tds challancum form no. This certificate will be issued to the person whose tds has been deducted. The buyer can also access the details of tds deducted through the form 26as. How to download form 16 part a from tds cpc website taxguru. These certificates provide details of tds tcs for various transactions between deductor. Difference between form 16 and form 16a bankbazaar.
Form 16b tds certificate for sale of property download from. Jan 25, 20 form 16a text file will be available only after you have submitted regular statement in form 26q27q and the same has been processed at tds cpc. Form 16a files are available from fy 200708 onwards. The form is issued when their one deducts tds from fixed deposits, insurance commission, rent receipts, or.
Tds form 16 certificate the proof of income tax payment details and sample of an employee 2 form 16 certificate also known as tds certificate is a financial statement issued by an office of a salaried employee that contains earnings, deductions and income tax or it paid to the government. While form 16 is your salary certificate issued by the employer, form 16 a is also a tds certificate that is applicable for tds on income other than salary. Tds form 16 in excel featured with auto income tax. The concept of tax deducted at source tds and tax collection at source tcs are specifically for targeting the revenue collection at the very source where the income is generated. Jan 26, 20 form 16a text file will be available only after you have submitted regular statement in form 26q27q and the same has been processed at tds cpc. Oct 31, 2011 income tax department has changed the date for filing of quarterly e tds return vide notification 572011 dated 24.
Employer should download the form 16 with time given by the income tax department. Income tax return, income tax refund status, income tax calculator form 16a. Under section 203 of the income tax act, 1961 the tax deducted at source tds other than from salary income, i. Form 16a shows utility in nonsalaried remunerations. These certificates provide details of tds tcs for various transactions between deductor and deductee. Jul 02, 20 income tax department traces a new portal had been made for only tds certificate and many more. Form 16,16a, 24q, 26q, 27c, 27d, 27q, 27eq amended. Taxpayer services publicity campaign contact us feedback.
In simple words, form 16a is the tds certificate for income earned other than salary. Fill the requisite details such as tan of deductor, pan of tax payer, tds certificate number. Tds form 16 certificate the proof of income tax payment. Form 26 as, downloadable on traces, provides tdsdata, but the itr forms still have a column requiring you to fill in unique tds certificate number which can be obtained only if the deductor diligently sends the form 16a to the deductee. With this certificate, the taxpayer can easily prepare their income tax. Verification your signature and consent for the tds.