Form 16 Generation

Form 16 Generation

Prerequisites

Before generating:

• All monthly payroll processed
• TDS deposited for all months
• Challan details entered
• Investment proofs collected

Generation Steps

1. Go to TDS > Form 16
2. Select financial year
3. Click "Generate All"
4. System creates Part A & B
5. Download or email

Part A

Contains:

• Employer details
• TDS deducted monthly
• Challan information
• Summary of deposits

Part B

Contains:

• Salary breakup
• Exemptions claimed
• Tax computation
• Net tax payable

Digital Signature

Optionally add:

• Company digital signature
• Authorized signatory details