Form 16 A and Form 16

Hi pooja....
 

Form 16- when Tax is deducted at source from salary income, the employer issues form 16. This is nothing but a certificate showing that your tax has been deducted and deposited with the govt.

Form 16 A- when Tax is deducted at source from incomes other than salary, the person deducting the tax issues form 16A. Generally in transactions of FD int recd, Rent income, Commission income, ....etc.This is nothing but a certificate showing that your tax has been deducted and deposited with the govt.

Thus Basic diff is as follows:

FORM 16

Applicable on- Salary Income
 

Section of TDS- 192

FORM 16A

Applicable on- Income other than salary

Section of TDS- 194,194C,194I,194J, etc...(other than 194)

hoping that it clears ur doubt...

AND FURTHER FORM 16 I ISSUED ONCE IN A YEAR THAT IS BEFORE 31 MAY FROM END OF THE FIN YEAR THAT IS FOR F Y 2010-11 BEFORE 31MAY 2011. AND FORM 16A IS GIVEN WITHIN 15 DAYS OF SUBMITTING E TDS RETURN FOR THE QUARTER.

DEEPAK HAS WRONGLY WRITTEN IN BRAKETS AS 194 IT IS 192 ACTUALLY. SO DONT GET CONFUSED.

Yeah...actually it was written in hurry...so instead of 192 i wrote 194....mistake is regretted....thnx fr pointing out..:)

FORM 16

Applicable on- Salary Income
 

Section of TDS- 192

FORM 16A

Applicable on- Income other than salary

Gr8 initiative taken by CCI Members. Keep it up all

Originally posted by : Maneesh Kumar
	FORM 16   Applicable on- Salary Income   Section of TDS- 192   FORM 16A   Applicable on- Income other than salary

 Agreed & grt work

form 16 is applicable in case of tds deduction of salary

form 16a in case of tds deduction in any other case

really true ..Form no 16 for salary.

form no 16 A other than salary.

Thank u evryone for clearing out my doubts...:)...Thanks a lot....:)