As per Part A , Form 16
Amount paid/ credited : Rs. 15,00,000 (erroneous) ; TDS deducted : Rs. xxx
As per Part B , Form 16
Total income as per Part B : Rs. 150,000 ; TDS deducted : Rs. xxx
How can this error be rectified to ensure no obligations arise in future for employer & employee.
Part A of Form 16 is required to be generated from TRACES portal. Part A of Form 16 does not reflect the amount of salary paid/credited. It reflects only the amount of Tax deducted at source.
Part B of Form 16 generated manually gives the salary details
Pl. elaborate upon your query.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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