What is the difference between form no 16 and 16a

For Flat above Rs. My form 26AS shows those all those 7 times tax submitted to govt. I have form 16B for all instances. Please help how to file ITR for this? How to put that in ITR 1? Dear jaspreet.. You have to get the TAN details from the organization that you have made the donation. I have joined new company in Feb. My question is if my 26AS is showing only company-1 10 months then do we need to consider company-2 while ITR? How it get reflected in 26AS. Why it is neccessary to add the 2month income while filling ITR.

Please some one resolve my Query. Dear Ratan, It is your responsibility legally to add your income and pay the taxes if any. Aggregate of deductible amounts under chapter VI-A: , Dear salman.. Your tax liability is Rs 19, But if your employer has already deducted it then your tax dues are NIL.

I had a fixed deposit which gave me an interest NOT exceeding 10K. Now I have been advised by my auditor to pay tax for the interest amount as it had been reported in Form 26as eventhough no TDS deducted. I would like to understand why was this entry found in the first place when NO TDS was necessary to be deduced. Kindly clarify.

It has to be added to your taxable income and you have to calculate the tax liability accordingly. But as Form 15H is submitted no tax is deducted.

Now while filling IT returns, I have mentioned the income from other sources. Should I remove it and then proceed ahead?

Kindly proceed. Dear Sreekanth Thanks very much for your clarification. I am fully aware of the details you have shared. My queries are 1.

All my earlier 26AS looks so. Please confirm my understanding. So is there any change in process, to have details listed on interest credit too irrespective of TDS deducted or not. If at all, all bank interest credit details were found, I would not have asked this query. Please kindly clarify. Regards Kumar. Dear Satya.. Of course YES.

I joined my previous employer in June There was a joining bonus of 3 lakhs subject to staying in the company for 2 years. I received , after deduction of tax. I left my previous employer on Feb, and they recovered the full amount of 3 lakhs from me upon my exit. In my form 16 for the FY , they did not reflect the bonus amounts since they only began my processing in April, Kindly help me how can I file this along with the normal Form 16 from my current employer to receive that 60, that was deducted as tax from the joining bonus.

There is no additional documents to submit along with ITR. However, I am neither aware of this company nor I have any income from there. What should I do in this case? Probably by mistake the entries would have reflected in your Form 26AS. How to enter the Entry In Tally 9. There is mismatch in my form 16 and 26AS. TDS shown in form 16 amounts to Rs. Details of this have been shown in it in appendix 2 of form 16 and Bank Challan number, receipt number and BSR code etc. How do I get it rectified or should I file my e return and mention the bank challan number and other details as shown in appendix 2 of form 16?

Dear piyush.. Kindly first check with your employer. I got pension as school teacher. My pension is arrears from previous job is total of these two is And interest on F. D is as other income. Hence my total income is My saving under is 80C is My taxable income remains Which is not taxable as i am a senior citizen. Now my query is My pension amount is and bank has not issued any form 16 and also not reflected in Form 26AS.

In ITR1 i have to show income under B1 pension as But while filling Sch TDS1 it does not show any such income. How can i show my pension income in Sch TDS1.

If i write manually i have not any TAN number of employer. Because i draw pension from the Bank not from any department. My second query is my employer is Govt or Public Sector, private or N. I have received my Form 16 from the employer however I do have FD interest in Where can I get these details to show the interest income and tax deducted? This type of discrepancy has been noted in certificates being issued to employees those who retired during the financial year against their leave encashment , a seri e that now most Govt Undertaking has outsourced to LIC.

Please respond as early as possible. I am facing one problem in filling ITR 1. As per Form 16 total tax deducted is and as per form 26AS the same amount is submitted as income tax. How to get it rectified. Rs is the tax of the first three quarters. Then we get Income from Salary or Income chargeable under head Salary. And we calculate tax liability on this amount. If we take figure from 26AS always individual has to pay Tax Liability. Please Correct if I am wrong. Nilesh Sakpal Taxmartsolution Services.

Kindly confirm. Dear Vani, Kindly note that Interest from bank savings account is taxable, even though there is no tax deduction at source TDS. Also, note that Interest on savings bank account is not taxable to the extent of Rs 10, Beyond that the balance amount is taxable.

So, to understand this right.. Form 16A only involves income for which TDS is deducted hence income from savings account will not be reflected in Form 16A. Is my understanding correct? Hi Srikanth sir my salary was 2, on fin yr so no form By siva. The article has been very helpful in understanding the Form I am having a problem with the total income values mentioned in Part A and Part B of form Form 26as also has the same amount as mentioned in part A.

But amount mentioned in Part B is less than amount mentioned in Part A and the actual tax deducted as per 26as and Part A are more than the tax which should have been deducted for the amount mentioned in Part B. When I am filing the ITR1, which amount should be mentioned in the income filed? The amount from Part A or Part B? Should I change this also if I am filling the value from part B?

Or should I just use the amount mentioned in Part A? Dear Subin.. The difference is due to deduction of eligible allowances like HRA etc. Kindly do not suggest so. She has to show the income from other sources it is already reflected on Form 26AS and file the the tax return accordingly. Dear vasavadatta.. Thanks for your useful information and guidance. I had one query can you please clarify.

Ok means Salary after deductions correct? But in my case that field is auto populated with amount in Form 16 i.

Dear SaiChandra.. I believe that whatever amount mentioned in cell B1 is to be provided in TDS schedule. Please continue the posts which helps others for understanding financial topics and all the best. Dear Sir I work in an state university and take regular and part time classes.

I have received form 16 for my regular salary and form 16A for the part time class remuneration. The form 16A shows the entire TDS deposited by the university. How will my TAX of form 16 A match with entire amount.

I am unable to file the returns for this. My bank has given me wrong Form 16 which was showing higher interest paid to me and higher TDS as compared to what was shown in 26AS. I filed the return on the basis of Form 16 and filed the return by paying the Tax.

I am not keen to take refund of higher tax paid by me. Dear Naresh, Believe it is Form 16A. You may not get any notice. I am salaried Employee My Employer deduct my tax at actual based on salary. Now I have no any due. All dues are paid. Patil Obtain a Form no 16 from your employer. Now claim all the deductions like Pmt to PF etc under chapter VI and now see what is your tax liability.

Dear Pankaj.. Kindly use this calculator.. Dear Srikanth, I left company A and joined another company B. Company A overpaid me amount X and later they recovered amount X in 4th quarter. Company X says that they cannot show negative income for 4th quarter and hence 26As is not updated. So, in this case how do I claim tax refund for recovery amount X. Your reply will be highly appreciated. Dear RJ, Tricky one.

Your employer deductor has to rectify the entry so that the same can be reflected in Form 26AS. Tel: — Fax: — Email: tininfo nsdl. Dear Sreekanth, Thanks a lot for your answer. I will again check with my old company X. However, they said that the quarterly income cannot be negative and hence the recovered amount was not updated in 26As.

One last question: I should file the recovery amount as income loss or I just decrease my actual income by recovery amount while filing IT returns. Thanks a lot for your help. In case if you lower your income and file ITR, your returns might be processed. If you get it you have to show the documentary proof and justify yourself. So, effectively my income is only X. This will have higher income. Is there anyway I can file a rectification to inform the IT Dept that my salary was lesser?

Kindly save all the available documents for your future reference. Thank a lot Sreekanth! My income whereas is only X. Y was the Joining Bonus which was returned back. My employer mentioned that as they cannot show negative income because of the deduction of the Joining Bonus, they will NOT rectify Form How do I get my Form26AS revised?

Please help!! Dear PD.. I believe that your Employer has to rectify your Form 16 by posting correct transaction entry opposite entry. Dear Sreekanth, Thank you very much!

They will surely take action against your employer if found guilty. My employer has not given the revised form 16 but are insisting that the residual tax because of the dual payment of CEA has to paid at any of the banks and the related challan copy has to be submitted to the bank.

They have already intimated that the same has occurred due to a technical error and the same has to be rectified. They are stating that revised form 16 cannot be issued because the said amount has not been deducted from the employee for the concerned financial year and the remittance to tax to the bank is the only option.

Also,Wat if I dont pay the taxable amount shown in form 16 and claim a refund by showing any additional savings while filing of my returns, as I have saved additionally after the employers cut off date for submitting declarations. So, you have to take decision accordingly.

First of all, congrats on the 2nd anniversary of your blog. Your updated articles and financial advice go a long way in understanding various financial concepts. Thank you, n. My employer had paid C. A twice in a year due to which there is tax paid being shown in my form 16 for the present A. The said issue has arose due to technical issues with the software being used to calculate income tax and during the initial processing of IT, the tax exemption for the 2nd payment of C.

A was not considering which was later rectified. So though my tax payable in form 16 is negligble, Approx Rs I had a couple of queries which you can hopefully englighten me on :. Y, as he has paid xyz allowance without recovering IT for the same. But did your employer issue rectified Form reflecting correcting figures? I have invested Rs. My employer is not ready to show this amount in Form Is it not complulsory on the part of employer to show deduction in Form 16 if I have given him proof of investment after 1.

Dear Anand.. I am a pensioner Retired on Dear Unnikrishnan.. Your employer has to rectify the details in Form The employee however has no other legal remedy against his employer in case he refuses to issue the certificate except that the employee may intimate about such default to concerned Assessing Officer, who may take appropriate action or initiate penalty proceedings against the employer.

I am Deb Working in a E learning company in Hyderabad. Now i am planing for a home lone but I forgot to get my form 16 from my previous company. They previous company is not responding me regarding that form Is there any other way to get form 16? Will 26AS work as a IT information instead of form 16 in banking sector? Sir, I was working in Private School as a teacher. I was getting salary of Rs.

I had open a RD for the amount of RS. My RD was matured on 21st may I am not in the range of tax slab. I am jobless for last one year. How can I refund my TDS claim. Dear Sapna.. Also how can I check my TDS amount be dedication or not. Dear Amit, You may file returns by online by creating your Login account at e-Filing website, click here to visit efiling website.. Click here to calculate your tax liability. Kindly note that you can visit Form 26As link through Income Tax e-filing account itself.

My Form 16 part A traces is not generated by my company for the year ,when i asked them.. HR said that Part A will not get generated as the tax is not paid. I had submitted enough income tax exemption proof that my tax for that year was zero ……is it correct? Just wanted to confirm that is Form 26 AS can be used in place of Form 16 as i am planning to buy a Car.

They require last Form 16 of last 3 years. I Lost my documents and my employer is not issuing them now again. Dear Abhishek.. Form 26AS may not give them a clear picture of your salary details. You may check with your car financier for more details. I am yet to file my taxes for FY14 My problem is that I have certain income not coming from my employer but other sources for which the tds has been paid.

When I try going to traces website, it automatically takes me to the NRI page and I am asked to provide my details to register. Ive tried many times but the registration fails even after providing correct information. In short I am not able to generate my traces 2AS form. Can you advice what can I do?

Dear Saurabh, Suggest you to kindly contact their customer care Email : Contactus tdscpc. I have not filed IT returns from FY to till date but i have received form 16 from my employer for FY , But, the salary shown in Form 16 is different from the 26AS for both the years.

I have other source of income and the tax is reflecting in 26AS. I am not looking for any tax refund from the government. Dear Sreenivas, Belated returns can be filed on or before two years from the end of the relevant tax year. For Example : Even those who missed filing their returns for income earned in FY or assessment year can do so by March 31, However, no belated returns can be filed for years prior to assessment year Suggest you to take help of a CA and get this sorted out.

Could you tell me why this is so? Dear Virendra, The amount given in the Form 26AS can be your salary after deducting the allowances section Kindly read: Which ITR form to file? Dear sir, l am a gov teacher and gets rs salary per month.

I have not filled itr now. My employer has also not told me to file it. Now l needs home loan and bank demands form Is form 16 is necessary for home loan? What are other options? So the Pan No also changed for the Ass. So the clients pay the TDS the old Pan no.

Now the IT people says that need to changed the Pan No correction from our clients. Please say suitable suggestion. I have a small query. I have worked in a govt org for around 6 months Feb to August and had not provided my PAN during that time.

I have requested my employer to provide form 16 but they are stating that the officer during that period has retired and the signed copy of the same is not available. Is there any rule that the Form 16 for the said period should be signed by the same officer?

Dear Charan.. May I know the reason for requesting Form 16 of Plz help and suggest for fruitful action bcuz time is too short. After Mar , time limit of assessment yr will be barred. You can request your employer to revise his TDS return. You may kindly contact the TDS ward of your employer and request them to take action against the faulty employer and you can seek rectification.

There is not other way. For the time being you can contact your Assessing Officer AO and seek an extension of Time stating your in-capabilities to file your Return of Income for the said Assessment Year.

As by doing this you may get the extension without any technical fault on our side. Sir i have submitted itr 1 for AY Itr prossed and refund issue through cheque by cpc banglore. But cheque is not delivered to my address due to i had transffered from there. Now i submit grivence about this and re-issue. You can do this by logging into e-Filing website. Click here to know the entire procedure to apply for the re-issue. Now i had updated it with PAO. Can i fill my itr on the basis of form Dear Praveen..

Is it must to have certificate number on form 16? Also, My salary is not under taxable income. This amount might be part of my variable salary which was not paid to me by my ex-employer. Can he legally withdraw this amount from Form 26AS to avoid me paying this amount?

Plz advise how can I get this amount paid to me now by my ex-employer? Dear Rastogi, Yes, your employer can pass the reversal and issue fresh Form 16 to you revised one. Suggest you to follow up with them and get new Form 16 so that you can file your ITR with correct data.

Dear Sir, In my case i have not received my Form 16 and had to leave the job. Now in Form 26AS the salary amount has been shown as 7. Now on Filing ITR 1, salary shown by me is 6. Kindly guide. Dear Pooja, Rs 7. Then calculate the tax liability. It should be fine.

Respected sir, Thank you for clearing the above doubt. There is one more thing i need to ask. Should i Correct that 7. However, if the income has not been computed correctly in Form No. If your Form 16 has Rs 6. What option is available to me?

I have written several letters and mails. No result i got till date.. Please help me with necessary information regarding this problem. Who is punishable? How to do? Please reply early as possible.

Thanking You Subhas. Dear Subhas, The Reserve bank of India has clearly directed banks to issue form 16A on time to the customers. Failure to issue TDS certificate within the time allowed, attracts penalty of Rs. Email: contactus tdscpc. Dear Sir, Is it necessary to share information related income from other sources with our employer in form 16? I used to give only the salary information in form 16 and rest i discloses when i file online income tax return. But last time our DDO, forced us to give all the information in form Kindly let me what rules say and also mention the rule no.

With best regards. Dear Mr Singh, Form 16 is issued by the employer. In case if you miss any info, you can mention it in your ITR and pay taxes accordingly. Sir, I am a Govt. Form 16 is not issued to me by the employer for Dear Bhaskar.. Your employer has to issue you Form if TDS is deducted by them. Kindly follow up with your employer and try to get Form Mostly your employer might issue form between April to june period. Dear Sir. I asked CA. Says he filled manually. On my account there is no entry of that AY May I know.

Can I fill it again, pl answer. Dear vijay.. I guess that your CA is misguiding you. Suggest you to file now at the earliest. You may take help of a diff CA and file it online e-file this time. I have asked him also. He says ask to IT Department. Dept says assessing officer not send it 2 banker. I have only ack slip. How I can take refund of assessment year ?

Shuld I fill revised or anything else? Dear Vijay.. You have not replied to my earlier question. Dear Sir I have filled my returns manually for FY I got the receipt but the amount has not been crefited. I could not file request electronically because it dose not support ack slip No.

In which the employer name and address section it is mentioned only with the proprietor name and address. Can we consider this as a form 16 as a valid one. Dear Muralidharan, I am not very sure about this one. Has any TDS been deducted from your salary? Meanwhile, you keep following up this with your ex-employer too.

I just have a small question. Is it necessary that to provide Form 16 to the IT Deptt.? Am I right? Thanks Shreekanth for your quick response. It appears that the IT Deptt is unnecessarily delaying the processing of my Refund. I do however also have specific questions as I am in some doubts after having visited the IT deptt and the way I was handled. Is it possible to have a phone conversation with you? This is the reason I was interested to know your opinion on my specific questions if you are open to talk to me over a phone.

While Form 16 is for tax deducted on salary, Form 16A is a TDS certificate issued by the deductor when you receive non-salary income. For example, banks deduct TDS on the fixed deposits interest.

The payer also deducts TDS on your income on commission or brokerage, or professional fees. The details of Form 16A highlights the following:. Professional Fees. Net amount paid. In this example, YC Infrastructure Ltd. Later, Form 16A certificate would be issued to Mr John stating the details. It would include the total professional fees paid, tax deducted , date of payment and tax deduction, the tax deduction rate, the section under which tax was deducted, etc.

Form Form 16A. The Form 16 salary certificate states the details of tax deducted at source on salaries. The Form 16A TDS certificate states the details of tax deducted at source on income other than salaries. The employer issues this certificate to the employees. Deductors such as banks, financial institutions, tenants, etc. It is issued annually. It is issued quarterly. Form 16 applies to salaried employees. Form 16A applies to rent, professional fees, commission income, brokerage, technical fees, directors fees.

What is the password for opening the Form 16A file? What is the password for opening the Form 16 file? What is the password for opening the Form 16B file? When to download Form 16 after filing the quarterly TDS return? All employers must issue Form 16 to the employee within 15 days of filing the fourth-quarter TDS returns.

How can I get my Form 16A? Form 16 is a certificate of TDS, and in your case, it will not apply. But, your employer must issue a salary statement. Does the employer issue Form 16A to its employees? Form 16A is not for the employees, Form 16 is. So, the employer does not issue Form 16A to employees. If the original TDS certificate is lost, can a duplicate certificate be issued? Deductor will have to issue the duplicate certificate. I have not received the salary form 16 from my employer.

Am I able to claim TDS deducted from my salary? But, are you aware of how and why they are used? Form 16 is meant to provide details of Taxes that your employer paid on your behalf as per the part of your salary. Basically, employers have been given a right to submit taxes to the government on your income in case the amount is more than the exemptible limit.

Also, this means that if your salary comes under the taxable limits as per the income tax law for that specific year, your employer may not provide Form Coming to the form, this one is divided into two different parts — Part and Part B, wherein, part A comprises details of employer and employee and the part B carries breakup of the deductions, salary paid and more. All of this information is vital when it comes to filing the ITR. As per the Financial Year , the form has got a new format, which is going to be issued by your employer before 10th July.

If you had switched jobs in that financial year, you will get Form 16s instead of Form Ready to Invest? Talk to our investment specialist Disclaimer: By submitting this form I authorize Fincash. Get Started. Form 16A is considered as a TDS certification in a situation if you have earned any income apart from your salary in a financial year.