The Form 16A is a salary TDS certificate. If you are employer more than one in a year, then you have more than one Form 16. If your total income is Rs.2, 50,000 or more than you deduct the TDS by the income tax. Form 16 is for salary income while Form 16A is applicable for TDS on income other than salary. Mena that when others payment you than Income Tax department mandates that entire portion for you deducted by other and the paid to the income tax department directly. This called TDS (Tax Deducted at Source).
The Form 16 issued under the section 203 of the Income Tax Act, 1961. The Form 16A issued when payments are non-salary. TDS professional fees, Rent, Bank Interest payments all are made through Form 16A. The Form 16A have various details like name, the address of deductee, PAN/ TAN details, details of TDS deducted and deposit. As per the Income Tax Act, TDS deducted when the payment is done on Rs.30000 and above during the year. Form 16 is issued annually while the Form 16A certificate issued quarterly.
The Form 16A contains following details such that Name, PAN no. And TAN no. of the deductor, Name and PAN No. od Deductee, nature of payment, Amount paid and the date of payment and the receipt number of TDS payment. You can verify your Form 16A at the online. The employee who wishes to know the deduction by his employer can access Form 26 AS on the website www.contents.tdscpc.gov.in by entering TAN no of an employer, his PAN card no, the financial year, certificate no and total amount of deducted.
The Form 16A is required as a proof of salary. Anyone at Passport Seva who are self-employed or any professional can use the Form 16A. Both forms are required for smoothly return TDS. The Form 16A issued by the rent, commission, professional charges, buildings, plant, machine hired, commission agents, etc. the Form 16A is most useful as a proof of tax deductions at source provided by an employer to their employees. People who want to verify their Form 16A they check at the online.