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New Form 16 (TDS Software) ver. 1.4 for Asstt. Year 2014-15

3:18 PM  Dharmen  

CBDT has changed the Form 16 Format which is applicable for "Salaried Employee".  In this new format there are two parts i.e. Part "A" and Part "B", Parts "A" is mandatory for Government Employee except other Employee.  The part "A: is download from Income Tax TRACES Portal and another is Part "B", TDS Deductor can be prepare manually.

In the Part "A" of new Form 16, have details of Deduction and Deposit of Tax in to the Central Govt. and in the Part "B" of Form 16 details contains of employees Salary. 

As per the new amendments in Form 16 by CBDT, new version 1.4 of Form 16 (TDS Certificate) Software is available with features of Tax Calculation, Form-16, Month-wise Salary Statement with admissible deductions etc. for the Fin. Year 2013-14 and Asstt. Year 2014-15.  This software maintain the data of 1000 Employee.

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".


        • Download New Ver. 1.4 (Form 16) Software

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