Tds

Whether issuing of Form-16 Part-A (salaries)by downloading from Traces is mandaory or not for the AY2013-14?

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Originally posted by : VENKATESH.L
Whether issuing of Form-16 Part-A (salaries)by downloading from Traces is mandaory or not for the AY2013-14? YES

All deductors (including Government deductors who deposit TDS in the Central Government Account through book entry) shall issue the Part A of Form No. 16, by generating and subsequently downloading through TRACES Portal, in respect of all sums deducted on or after the 1st day of April, 2012 under the provisions of section 192 of Chapter XVII-B. Part A of Form No 16 shall have a unique TDS certificate number.
.
Circular No. 04/2013, dated 17.04.2013

In Simple WOrds Yup Its Mandatory with Effect from 01 April 2012.....

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