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 Before you file your tax return, note the key changes in Form 16
 5 Things to know about Form 16
 Form 16 will now have more details of your income and deductions
 Amendment of Form No. 16 and Form No. 24Q
 What are Form 15G, Form 15H?
  Post Qualification Course in International Taxation - Assessment Test (INTT-AT) - May, 2019 Application Form
 Form 60 can help you Don’t have PAN and need to do these important transactions?
 Income Tax: No provisions in I-T Act for revision in Form 15H, 15G
 Penalty on late filing of ITR and other tax changes effective from Apr 1
 How to view, download your Form 26AS and why it is important
 E-Way Bill Mandatory From 01.02.2018
 FORM GSTR-3B v/s FORM GSTR-1
 Form GSTR-3B of GST - Boon or Curse
  Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117 of the Central Goods and Services Tax Rules, 2017

Amendment of Form No. 16 and Form No. 24Q
April, 16th 2019
                                               MINISTRY OF FINANCE
                                                (Department of Revenue)
                                       (CENTRAL BOARD OF DIRECT TAXES)
                                                    NOTIFICATION
                                             New Delhi, the 12th April, 2019
         G.S.R. 304(E).--In exercise of powers conferred by sections 200 and 203 read with section 295 of the Income-
tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the
Income-tax Rules, 1962, namely:--
1. Short title and commencement
(1) These rules may be called the Income-tax (3rd Amendment) Rules, 2019.
(2) They shall come into force on 12th day of May, 2019.
2. In the Income-tax Rules, 1962, in Appendix II­
(A) in Form No. 16,­
(i) the "Notes" occurring after "Part A" shall be omitted;
(ii) for "Part B (Annexure), the following shall be substituted, namely:­
8                             THE GAZETTE OF INDIA : EXTRAORDINARY                              [PART II--SEC. 3(i)]



                                                 "Part B (Annexure)
Details of Salary Paid and any other income and tax deducted
1.     Gross Salary
(a)    Salary as per provisions contained in section 17(1)                            Rs. ...
(b)    Value of perquisites under section 17(2) (as per Form No. 12BA,                Rs. ...
       wherever applicable)

(c)    Profits in lieu of salary under section 17(3) (as per Form No.                 Rs. ...
       12BA, wherever applicable)

(d)    Total                                                                                         Rs. ...
(e)    Reported total amount of salary received from other employer(s)                               Rs. ...
2.     Less: Allowances to the extent exempt under section 10
(a)    Travel concession or assistance under section 10(5)                            Rs. ...
(b)    Death-cum-retirement gratuity under section 10(10)                             Rs. ...
(c)    Commuted value of pension under section 10(10A)                                Rs. ...
(d)    Cash equivalent of leave salary encashment under section                       Rs. ...
       10(10AA)
(e)    House rent allowance under section 10(13A)                                     Rs. ...
(f)    Amount of any other exemption under section 10
       clause ...                                                          Rs. ...
       clause ...                                                          Rs. ...
       clause ...                                                          Rs. ...
       clause ...                                                          Rs. ...
       clause ...                                                          Rs. ...
       ...                                                                 Rs. ...
(g)    Total amount of any other exemption under section 10                           Rs. ...
(h)    Total amount of exemption claimed under section 10                                            Rs. ...
       [2(a)+2(b)+2(c)+2(d)+2(e)+2(g)]

3.     Total amount of salary received from current employer [1(d)-2(h)]                             Rs. ...
4.     Less: Deductions under section 16
(a)    Standard deduction under section 16(ia)                                        Rs. ...
(b)    Entertainment allowance under section 16(ii)                                   Rs. ...
(c)    Tax on employment under section 16(iii)                                        Rs. ...
5.     Total amount of deductions under section 16 [4(a)+4(b)+4(c)]                                  Rs. ...
6.     Income chargeable under the head "Salaries" [(3+1(e)-5]                                       Rs. ...
7.     Add: Any other income reported by the employee under as per section 192 (2B)
(a)    Income (or admissible loss) from house property reported by                    Rs. ...
       employee offered for TDS
(b)    Income under the head Other Sources offered for TDS                            Rs. ...
8.     Total amount of other income reported by the employee                                         Rs. ...
       [7(a)+7(b)]
9.     Gross total income (6+8)                                                                      Rs. ...
10.    Deductions under Chapter VI-A
¹Hkkx IIµ[k.M 3(i)º                              Hkkjr dk jkti=k % vlk/kj.k                                                     9

                                                                                                  Gross          Deductible
                                                                                                  Amount         Amount
(a)       Deduction in respect of life insurance premia, contributions to                         Rs. ...        Rs. ...
          provident fund etc. under section 80C
(b)       Deduction in respect of contribution to certain pension funds                           Rs. ...        Rs. ...
          under section 80CCC
(c)       Deduction in respect of contribution by taxpayer to pension                             Rs. ...        Rs. ...
          scheme under section 80CCD (1)
(d)       Total deduction under section 80C, 80CCC and 80CCD(1)                                   Rs. ...        Rs. ...
(e)       Deductions in respect of amount paid/deposited to notified                              Rs. ...        Rs. ...
          pension scheme under section 80CCD (1B)
(f)       Deduction in respect of contribution by Employer to pension                             Rs. ...        Rs. ...
          scheme under section 80CCD (2)
(g)       Deduction in respect of health insurance premia under section 80D                       Rs. ...        Rs. ...
(h)       Deduction in respect of interest on loan taken for higher education                     Rs. ...        Rs. ...
          under section 80E
                                                                                   Gross          Qualifying     Deductible
                                                                                   Amount         Amount         Amount
(i)       Total Deduction in respect of donations to certain funds,                Rs. ...        Rs. ...        Rs. ...
          charitable institutions, etc. under section 80G
(j)       Deduction in respect of interest on deposits in savings account          Rs. ...        Rs. ...        Rs. ...
          under section 80TTA
(k)       Amount deductible under any other provision(s) of Chapter VIA
          section ...                                                              Rs. ...        Rs. ...        Rs. ...
          section ...                                                              Rs. ...        Rs. ...        Rs. ...
          section ...                                                              Rs. ...        Rs. ...        Rs. ...
          section ...                                                              Rs. ...        Rs. ...        Rs. ...
          section ...                                                              Rs. ...        Rs. ...        Rs. ...
          section ...                                                              Rs. ...        Rs. ...        Rs. ...
          ...                                                                      Rs. ...        Rs. ...        Rs. ...
 (l)      Total of amount deductible under any other provision(s) of               Rs. ...        Rs. ...        Rs. ...
          Chapter VIA
11. Aggregate of deductible amount under Chapter VI-A Rs. ... [10(a)+10(b)+10(c)+10(d)+10(e)+10(f)+10(g)+10(h)+10(i) 10(j)+10(l)] 12. Total taxable income (9-11) Rs. ... 13. Tax on total income Rs. ... 14. Rebate under section 87A, if applicable Rs. ... 15. Surcharge, wherever applicable Rs. ... 16. Health and education cess Rs. ... 17. Tax payable (13+15+16-14) Rs. ... 18. Less: Relief under section 89 (attach details) Rs. ... 19. Net tax payable (17-18) Rs. ... Verification I, ..................................., son/daughter of ..............................................working in the capacity of ..................................... (designation) do hereby certify that the information given above is true, complete and correct and is based on the books of account, documents, TDS statements, and other available records. Place....................................... (Signature of person responsible for deduction of tax) Date........................................ Full Name : ................................. 10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II--SEC. 3(i)] Notes: 1. Government deductors to fill information in item I of Part A if tax is paid without production of an income-tax challan and in item II of Part A if tax is paid accompanied by an income-tax challan. 2. Non-Government deductors to fill information in item II of Part A. 3. The deductor shall furnish the address of the Commissioner of Income-tax (TDS) having jurisdiction as regards TDS statements of the assessee. 4. If an assessee is employed under one employer only during the year, certificate in Form No. 16 issued for the quarter ending on 31st March of the financial year shall contain the details of tax deducted and deposited for all the quarters of the financial year. 5. (i) If an assessee is employed under more than one employer during the year, each of the employers shall issue Part A of the certificate in Form No. 16 pertaining to the period for which such assessee was employed with each of the employers. (ii) Part B (Annexure) of the certificate in Form No.16 may be issued by each of the employers or the last employer at the option of the assessee. 6. In Part A, in items I and II, in the column for tax deposited in respect of deductee, furnish total amount of tax, surcharge and health and education cess. 7. Deductor shall duly fill details, where available, in item numbers 2(f) and 10(k) before furnishing of Part B (Annexure) to the employee."; (B) in Form No. 24Q, for "Annexure II", the following "Annexure" shall be substituted, namely:­ "Annexure II Details of salary paid or credited during the financial year ...............................and net tax payable Serial Permanent Name of the Deductee Date from and Gross Value of Profits in lieu Total amount number. Account employee. type date up to Salary as perquisites of salary under of gross salary Number (Senior employed with per under section section 17(3) received from of the Citizen, current provisions 17(2) (as per Form current employee. Super employer in contained (as per No.12BA, employer (see Senior the current in section FormNo.12BA, wherever Note 1 for Citizen, financial year 17(1). wherever applicable). definition of Others). (dd/mm/yyyy). applicable). Salary). (330) (331) (332) (333) (334) (335) (336) (337) (338) ¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 11 Reported Travel Death- Commuted Cash House PAN of Amount of Total Total total amount conces- cum- value of equiva- rent landlord, if any other amount of deducti of salary sion or retireme pension lent of allowance exemption exemption exemption on received assistance nt under leave under is claimed under claimed under from other under gratuity section salary section under section 10. under section employer(s) section under 10(10A). encash- 10(13A). section section 10 16(ia). (see Note 1 10(5). section ment 10(13A) (340+341+3 for definition 10(10). under (see Note 3). 42+343+34 of Salary). section 10 4+346). (10AA). (339) (340) (341) (342) (343) (344) (345) (346) (347) (348) Total Total Income Income PAN of Income Gross total Deduction in Deduction Deduction deduction deduction chargeable (or lender, if under income respect of in respect in respect under under under the admissible interest the head (351+352+ life of of section section head loss) from on other 354). insurance contribution contribution 16(ii). 16(iii). "Salaries" house housing sources premia, to certain by taxpayer [338+339- property loan is offered contributions pension to notified (347+348+ reported claimed for TDS to provident funds under pension 349+350)]. by under as per fund etc. section scheme employee section section under 80CCC. under offered 24(b) 192 section 80C. section for TDS (see (2B). 80CCD(1). as per Note 4). section 192 (2B). (349) (350) (351) (352) (353) (354) (355) (356) (357) (358) Deduction Deduction Deducti Deduction in Total Deducti Amount Total amount Total Income- in respect in respect of on in respect of deduction on in deductible deductible taxable tax on of amount contribution respect interest on in respect respect under any under Chapter income total paid or by employer of loan taken of of other VIA (355- income. deposited to notified health for higher donations interest provision(s) [356+357+358 366). under pension insuranc education to certain on of Chapter (limited to notified scheme e premia under section funds, deposits VIA. Rs. 1,50,000) pension under under 80E. charitable in +359+360 scheme section section institutions, savings +361+362 under 80CCD(2). 80D. etc. under account +363+364 section section under +365]. 80CCD 80G. section (1B). 80TTA. (359) (360) (361) (362) (363) (364) (365) (366) (367) (368) 12 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II--SEC. 3(i)] Rebate Surcharge, Health Incometax Net tax liability Total amount of Reported Total Shortfall in under wherever and relief [368+370+371- tax deducted at amount of amount of tax section applicable. education under (369+372)]. source by the tax deducted tax deduction 87A, if cess. section 89, current at source by deducted (+) or applicable. when employer for the other at source excess tax salary, etc. whole year employer(s) for the deduction is paid in [aggregate of or whole year () (373- arrear or the amount in deductor(s) (374+375). 376). advance. columns 325 of (income in Annexure I for respect of all the quarters which in respect of included in each employee]. computing total taxable income in column 339). (369) (370) (371) (372) (373) (374) (375) (376) (377) Notes: 1. Salary includes wages, annuity, pension, gratuity (other than exempted under section 10(10)), fees, commission, bonus, repayment of amount deposited under the Additional Emoluments (Compulsory Deposit) Act, 1974 (8 of 1974), perquisites, profits in lieu of or in addition to any salary or wages including payments made at or in connection with termination of employment, advance of salary, any payment received in respect of any period of leave not availed (other than exempted under section 10 (10AA)), any annual accretion to the balance of the account in a recognised provident fund chargeable to tax in accordance with rule 6 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any sums deemed to be income received by the employee in accordance with subrule (4) of rule 11 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any contribution made by the Central Government to the account of the employee under a pension scheme referred to in section 80CCD or any other sums chargeable to income-tax under the head 'Salaries'. 2. Where an employer deducts from the emoluments paid to an employee or pays on his behalf any contributions of that employee to any approved superannuation fund, all such deductions or payments should be included in the statement. 3. Permanent Account Number of landlord shall be mandatorily furnished where the aggregate rent paid during the previous year exceeds one lakh rupees. 4. Permanent Account Number of lender shall be mandatorily furnished where the housing loan, on which interest is paid, is taken from a person other than a Financial Institution or the Employer.". [Notification No. 36/2019/F.No. 370142/4/2019-TPL] SAURABH GUPTA, Under Secy. (Tax Policy and Legislation) Note: The Principal Rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide notification number S.O. 969(E) dated the 26th of March, 1962 and were last amended vide notification number G.S.R No. 279(E) dated 01/04/2019. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.
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