Income Tax Form Apply Online 15 Quick Tips Regarding Income Tax Form Apply Online

Income Tax Acknowledgment e-Filing for AY 2019-20: The aftermost date for the administering to handover the Form 16 to their advisers was July 10. If you accept already accustomed it or will accept it in the abutting few days, ensure that your employer has downloaded Form 16 from TRACES. The assets tax administering has cautioned about the downloading or breeding of Form 16 and wants to accomplish abiding that it is alone from TRACES. The I-T administering wants the advisers to assert the administering to download Form 16 from TRACES if the aforementioned is generated appliance a altered software. The assets tax acknowledgment filing aftermost date is July 31 for the AY 2019-20.



TRACES – TDS Reconciliation Analysis and Correction Enabling system, is a web-based appliance of the Assets Tax Administering that provides an interface to all stakeholders associated with TDS administration. It enables examination of challan status, Form 16 or Form 16A as able-bodied as examination of anniversary tax acclaim statements (Form 26AS).

For salaried taxpayers, Form 16 and Form 26 AS are important statements to attending at and bout them. Form 16 will accommodate the alienation of assets accustomed from the employer, tax deducted and the deductions in the banking year 2018-19. Form 26AS can be generated by registering with TRACES or if you accept already registered with the I-T administering e-filing website. Form 26AS contains capacity of:



To analysis the authority of Form 16 downloaded from TRACES, one may attending at these two things:



It is additionally important to get the Form 16 downloaded from TRACES because the rules accept afresh been afflicted and Form 16 has a new format. There are two genitalia of Form 16 – Part A and B. The advice to be provided in Part-B of Form-16 was revised by CBDT afresh and had additionally issued a notification for administering to download and affair Part-B of Form 16 to advisers alone from the TRACES portal. Part B will afterward backpack a breach up of all allowances, allowances etc paid by the employer to the employee. Also, the administering had been asked to book Form 24Q with a bacon bifurcation in the aftermost division of the FY 2018-19.

Therefore, accomplish abiding the FORM 16 that you accept accustomed is a accurate affidavit abroad ask your employer to get it generated alone from TRACES afore you go fo e-filing of Assets Tax Acknowledgment 2019-20.

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