Friday 25 April 2014

Updated Form 16 Software for Employee for Asstt. Year 2014-15 Free Download.



CBDT has recently changed the Format of Form-16 and this New format of form 16 have in 2(two) 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.

In the Part A of Form 16 have the details of Tax deduction from the source and deposited in to the Central Govt and in the Part of Form 16 Part B where the details of employees Salary. Most of the concerned have not known about this new amended of CBDT.

On the basis of above amendment by CBDT this is the updated version for Tax Calculation, "Form-16", Computation of Income Tax, Month-wise Salary Statement etc. for the Asstt. Year 2014-15.

Facility of this software:

This utility is very easy to use for Calculation of Income Tax, Month-wise Salary Statement and Form 16 with Annexure "A" and "B" etc. in new amended format. All Salaried Employee can maintain their personal data i.e. under Chapter -VIA Deductions and other applicable Deduction like as House Loan Interest, HRA Exemption, Income from Other Source etc.

This utility provide another facility regarding Income Tax Deductions i.e. u/s. 80G, 80E, 80D as well as u/s. 89(i) it Calculate accurate Income Tax and surcharge there on. It suggest to Salaried Employee (Taxpayee) whether he is Tax payable or Refundable.

This Software is based on Income Tax circular dated 08.10.2013 issued by Income Tax Department for Assessment Year 2014-15.

Physical Requirements:
  • OS required Windows-2000, XP, Vista, Windows-7, Windows-8 etc.
  • MS Office-7 or Above Version is required.
  • Printing Facility Provides on Inkjet, Ledger Printer and other printers.
  • Required Standard A4 Size Paper Sheets.


    Data Entry:
    • Only "White" Cells are provide for input data.
    • Press Mouse Buttons for applications which you want to operate.

      Key Features:
      • It maintain Each Employee Data.
      • It Calculate Gross Income as per current D.A. Rates automatically as per Government D.A. Rates.
      • It Provides Facility to Enter Data Manually along with all Arrears etc.
      • It Calculate Tax Liability.
      • It Display Month-wise Salary Statement for Asstt. Year 2013-14.
      • It Generate TDS Certificate (Form 16) Automatically with Annexure "B".
      • File Size Date
        TDS-TAX Software.xlsx 923.92 KB 01/12/2014 Download
      • No comments:

        Department of Commerce issues clarification on newly inserted Rule 11B of SEZ Rules

          This Tax Alert summarizes a recent instruction  issued by the SEZ Division, Department of Commerce, clarifying various concerns relating t...