Friends,
Income Tax Department has started a very good facility regarding Form-16A. A few days ago, deductor have to prepare all the Form-16A of whom tax has been deducted at source. Now with the facility of Income Tax Department, the deductor can download FORM-16A very easily from its website.The CBDT has issued an important circular regarding issuance of TDS certificate in Form 16A in respect of all sums deducted on or after 01-04-2012. It provides that:
1) All deductors shall Issue TDS certificate in Form No. 16A generated through TIN central system which is downloadable from the TIN website with a unique TDS certificate number in respect of all sums deducted on or after the 01-04-2012;
1) All deductors shall Issue TDS certificate in Form No. 16A generated through TIN central system which is downloadable from the TIN website with a unique TDS certificate number in respect of all sums deducted on or after the 01-04-2012;
2) The deductors, issuing the TDS certificate in Form No.16A by downloading it from the TIN website, shall authenticate such TDS certificate either by using digital signature or by manual signature.
Create your Form-16A and Enjoy.