Attention Drawing and Disbursing Officers
Section 192 of The Income Tax Act-1961 provides that every person responsible for paying any income chargeable under the head SALARY shall deduct the income tax on the estimated income of the assessee under the head salaries. The Tax once deducted should be deposited in Government Account and a certificate of deduction of Income Tax at source in Form-16 is to be issued to the employee.
You can download the Excel based application from the link Provided below,which aids you in preparing annual Income Tax statements and also Form-16.
The Application have five sheets. Make sure that you read and understand the detais provided in the 'INSTRUCTIONS' sheet before starting data entry. Datas should be only entered in the sheet named 'FORM' and never try to enter any data in the sheets named 'STATEMENT' and 'FORM-16'.
(Click on the link below to download Income tax Calculator)
DISCLAIMER: Income Tax Calculator is a third party application. DDP Wayanad do not claim that this application is perfect in all respect and free from minute problems. Download and Usage of this application should be done under own responsibility.
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