Clarification rearding part a of form 16

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dheeraj kumar (Querist)
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03 June 2013 Sir

I have recently downloaded Part A of Form 16

tds amount properly matches and whole status is F

Now i could not relate Amount Paid/Credited mentioned in Part A with Part B prepared by me.

I usually mention sometimes net and sometimes gross salary at the time of submitting quarterly returns

In the last quarter i fill the actual details along with all investments to generate form 16.

Now please clarify does this figure mentioned under coloumn "Amount Paid/Credited) in Part "A", has any relevance or not

Please tell can i issue form 16 though amount mentioned under Amount Paid/Credited is not related to figures mentioned in Part B.

Thanks & Regards
Dheeraj Kumar

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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03 June 2013 As per the tax department Circular No. 4/2013 [F.No.275/34/2011-IT(B)], employers, for tax deducted on salary on or after 01-Apr-2012 (Form 16 for 2012-13 and later), should download Part A of Form No. 16 from the “TDS Reconciliation Analysis and Correction Enabling System” site (Traces website –www.tdscpc.gov.in), attach Part A to Part B (to be prepared by the employer), and issue Form 16 (with both Part A and Part B) to the employee. Part A of Form No. 16 downloaded from the Traces site contains a unique TDS certificate number. Employers have to necessarily use only the Part A downloaded from the Traces site and can no longer create Part A of Form 16 on their own.

The income tax department by way of a [Notification No.11/2013/F.No. 142/31/2012-SO (TPL)] (dated 19-Feb-2013) has prescribed changes to the format for Part A and Part B of Form No. 16.
Employers should verify the data in Part A before issuing Form No. 16 to employees. The Part A of Form 16, as generated from the Traces site, contains the following information.

1. Employee name, employee PAN, employer name, employer PAN and TAN.
2. Salary paid, tax deducted, tax remitted, Form 24Q acknowledgement number for the 4 quarters.
3. Details of tax remitted (BSR code, date of remittance, and challan serial number).
4. Status of challan matching with OLTAS (Final, Unmatched, etc.).

The income tax department has enabled generation of Part A of Form 16 in the Traces website on the basis of the quarterly filings (Form 24Q) made by employers.

However Part B information (to a large extent) to the income tax department in Annexure II of the 4th quarter Form 24Q can be issue by employer contains the salary income and other income, deductions computation etc.

As per the both notifications

1. Details of tax deducted & deposited in Part A of form 16 downloaded from website should match with your part –B.
2. In Part-A. Salary or amount paid is not taxable salary amount. Taxable salary always differ from actual salary paid
3. Your Part – B should match with your salary annexure filed in 4th quarter

so Part A & Part B need to reconcile in terms of only tax deducted and deposited, as per as income concern only part-b can be considered as final. no need to math with part-a, if you match that is more preferred

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