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    Form No. 16: Finotax 1 of 3

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    dugdugdugdugi
    1. This document is a Form 16 issued by an employer to an employee for the assessment year 2013-14. It summarizes the salary paid, taxes deducted, and taxes deposited with the government. 2. It provides details of quarterly tax deductions, tax deposited through book adjustments and tax challans, gross salary paid, deductions claimed, and total tax payable. 3. The employer certifies that taxes have been correctly deducted from salary and deposited to the government and the information provided is true based on accounting records.

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    Form No. 16: Finotax 1 of 3

    Uploaded by

    dugdugdugdugi
    237 views3 pages
    1. This document is a Form 16 issued by an employer to an employee for the assessment year 2013-14. It summarizes the salary paid, taxes deducted, and taxes deposited with the government. 2. It provides details of quarterly tax deductions, tax deposited through book adjustments and tax challans, gross salary paid, deductions claimed, and total tax payable. 3. The employer certifies that taxes have been correctly deducted from salary and deposited to the government and the information provided is true based on accounting records.

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    1. This document is a Form 16 issued by an employer to an employee for the assessment year 2013-14. It summarizes the salary paid, taxes deducted, and taxes deposited with the government. 2. It provides details of quarterly tax deductions, tax deposited through book adjustments and tax challans, gross salary paid, deductions claimed, and total tax payable. 3. The employer certifies that taxes have been correctly deducted from salary and deposited to the government and the information provided is true based on accounting records.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    237 views3 pages

    Form No. 16: Finotax 1 of 3

    Uploaded by

    dugdugdugdugi
    1. This document is a Form 16 issued by an employer to an employee for the assessment year 2013-14. It summarizes the salary paid, taxes deducted, and taxes deposited with the government. 2. It provides details of quarterly tax deductions, tax deposited through book adjustments and tax challans, gross salary paid, deductions claimed, and total tax payable. 3. The employer certifies that taxes have been correctly deducted from salary and deposited to the government and the information provided is true based on accounting records.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 3

    FORM NO.

    16
    [See rule 31(1)(a)] Part A Certificate under section 203 of the Income-tax Act, 1961 for tax deducted at source on Salary Certificate No. Name and address of the Employer Last updated on Name and address of the Employee

    PAN of the Deductor CIT(TDS) Address City

    TAN of the Deductor

    PAN of the Employee

    Employee Reference No. provided by the Employer (If available)

    Assessment Year

    Period To

    From 2013-14 Pin code Summary of amount paid/credited and tax deducted at source thereon in respect of the employee Quarter Receipt Numbers of original quarterly statements of TDS under sub-section (3) of section 200. Amount paid/credited Amount of tax deducted ( Rs. )

    Amount of tax deposited/ remitted (Rs. )

    Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total (Rs.)

    I. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH BOOK ADJUSTMENT (The deductor to provide payment wise details of tax deducted and deposited with respect to the deductee) Sl. No. Tax Deposited in respect of the deductee ( Rs. ) Receipt numbers of Form No. 24G Book Identification Number (BIN) DDO serial number in Date of transfer Status of matching with Form No. 24G voucher Form No.24G (dd/mm/yyyy)

    1 2 3 4 5 6 7 8 9 10 11 12 Total ( Rs. )

    0 II. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH CHALLAN (The deductor to provide payment wise details of tax deducted and deposited with respect to the deductee)

    Sl. No.

    Tax Deposited in respect of the deductee ( Rs. )

    BSR Code of the Bank Branch

    Challan Identification Number (CIN) Date on which tax Challan Serial deposited (dd/mm/yyyy) Number

    Status of matching with OLTAS

    1 2 3 4 5 6 7 8 9 10 11 12 Total ( Rs. )

    Finotax

    1 of 3

    Verification
    I, son/daughter of working in the capacity of (designation) do hereby certify that a sum of Rs. Rupees nil only (in words)] has been deducted and deposited to the credit of the Central Government. I further certify that the information given above is true, complete and correct and is based on the books of account, documents, TDS statements, TDS deposited and other available records. Place Date Designation: Notes:
    1 Government deductors to fill information in item I if tax is paid without production of an income-tax challan and in item II if tax is paid accompanied by an income-tax challan. 2 Non-Government deductors to fill information in item II. 3 The deductor shall furnish the address of the Commissioner of Income-tax (TDS) having jurisdiction as regards TDS statements of the assessee. 4 If an assessee is employed under one employer only during the year, certificate in Form No. 16 issued for the quarter ending on 31st March of the financial year shall contain the details of tax deducted and deposited for all the quarters of the financial year 5 If an assessee is employed under more than one employer during the year, each of the employers shall issue Part A of the certificate in Form No. 16 pertaining to the period for which such assessee was employed with each of the employers. Part B (Annexure) of the certificate in Form No.16 may be issued by each of the employers or the last employer at the option of the assessee. 6 In items I and II, in column for tax deposited in respect of deductee, furnish total amount of TDS and education cess.

    (Signature of person responsible for deduction of tax) Full Name:

    PART B (Annexure)

    DETAILS OF SALARY PAID AND ANY OTHER INCOME AND TAX DEDUCTED 1. Gross salary (a) Salary as per provisions contained in section 17(1) (b) Value of perquisites u/s 17(2) (as per Form No. 12BB, wherever applicable) (c) Profits in lieu of salary under section 17(3) (as per Form No. 12BA, wherever applicable) (d) Total 2. Less : Allowance to the extent exempt under section 10 Allowance Rs. Rs. Rs. Rs. Rs. 0

    Total 3. Balance (1 2) 4. Deductions : (a) Entertainment allowance (b) Tax on Employment 5. Aggregate of 4(a) and (b) 6. Income chargeable under the head Salaries (3 - 5) 7. Add : Any other income reported by the employee Rs.

    Rs. Rs. Rs. Rs. Rs.

    0 0

    0 Rs. 0

    Total 8. Gross total income (6 + 7)

    Rs. Rs.

    0 0

    Finotax

    2 of 3

    9. Deductions under Chapter VI-A (A) sections 80C, 80CCC and 80CCD (a) section 80C (i) (ii) (iii) (iv) (v) (vi) (vii) (b) section 80CCC (c) section 80CCD Gross amount Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Deductible amount

    Rs. Rs. Rs.

    Rs. Rs. Rs.

    Note : 1. Aggregate amount deductible under section 80C shall not exceed one lakh rupees. 2. Aggregate amount deductible under the three sections, i.e., 80C, 80CCC and 80CCD, shall not exceed one lakh rupees.

    (B) other sections (e.g., 80E, 80G etc.) under Chapter VI-A (i) section (ii) section (iii) section (iv) section (v) section 10. Aggregate of deductible amount under Chapter VI-A 11. Total income (8-10) 12. Tax on total income 13. Education Cess @3% (on tax at S. No.12 plus surcharge at S. No.12) 14. Tax payable (12+13) 15. Relief under section 89 (attach details) 16. Tax payable (14-15) 17. Tax Deducted at Source u/s 192 18. Balance (16 - 17) Verification
    I, son/daughter of working in the capacity of do hereby certify that the information given above is true, complete

    Rs. Rs. Rs. Rs. Rs.

    Rs. Rs. Rs. Rs. Rs.

    Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. 0 0 0 0 0 0 0

    and correct and is based on the books of account, documents, TDS statements, and other available records.
    Place Date Designation: Full Name: (Signature of person responsible for deduction of tax)

    Finotax

    3 of 3

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