Friday, 3 June 2011

TDS Certificate in Form No. 16A to be generated from TIN

A circular issued by the income tax authority under section 119 of the Income Tax Act 1961 on 13th May, 2011 which informs that TDS certificate in Form 16A should be generated and downloaded from the Tax Information Network (TIN) website for the TDS deduction made on or after 01st April, 2011. This is mainly for Companies including banking companies and co-operative societies engaged in banking business. For others it is optional for downloading TDS certificate in Form 16A from the TIN website.

TDS certificates are mainly in two types, one is to be issued quarterly Form16Awhich is known as Form 16A for TDS for interest, contractors etc., and the other one is to be issued annually which is Form 16 and Form 16AA for TDS from salaries. Here the circular mentioned about Form 16A which is to be issued in large numbers for interest etc. This is mainly for avoiding the mismatch in e-tds records and form 16A. There may be mismatch with various reasons including data error etc. When the TDS certificate is downloaded from Income Tax (TIN) website the mismatch can be avoided and the chances of correcting the error is higher than issuing TDS certificate by the deducting company itself.

The department has already allowed the deductees to know their TDS details through online in Form No. 26AS.  Those who wish to view their TDS details can register their names with PAN no in Income Tax website and can view the TDS details when the deductor submitted e-tds return. This will help to eliminate the mismatch and the above changes also help to avoid the mismatch in form 26AS and in Form 16A.

When the quarterly return system of TDS introduced by the Income Tax Authority, there was a plan to issue TDS certificate by the authority itself and now that plan is partially applying through this circular and we hope that slowly it will come in to effect completely. This is a good movement which is useful to the deductor and deductees and the things will be more convenient and also will be in time.

Related Posts
No Income Tax Return for income below 5 Lakh from FY 2010-11
The Union Finance Minister Pranab Mukhejee said on Tuesday (24th May, 2011) that the salaried tax payers with an income less than Rs. 5 Lakh should not file Income Tax Return from the Assessment Year 2011-10 ( ie from the … Continue reading ?

Investment Guidelines for regular income people
A good percentage of people get regular income. It may be from salary, Rent, interest or any other sources. But most of the regular income people do not have a regular invesment habit. They have enough money to spend at … Continue reading ?

Low risk steady income investment plans
When you look around, you can see so many investment plans with attractive offers and invitations. It is very difficult to a common man to find which investment plan is suitable for him. He will be miserable with colourful offers … Continue reading ?

Download New Income Tax Return Forms
The Income Tax Department allows you to download New Income Tax Return Forms for the Assessment Year 2011-12 (Financial Year 2010-11). You can down load these forms free of cost and can file your return with that forms. You must … Continue reading ?

New Biometric PAN Card to tax payers
The Finance Ministry is planning to introduce new biometric Pan (Permanent Account Number) Card to tax payers. This movement is for avoiding duplicate and fake cards and also to ensure that the single taxpayer is not issued multiple Pan Cards. … Continue reading ?



  1. [...] paid from the particular branch to a particular customer is more than … Continue reading ? TDS Certificate in Form No. 16A to be generated from Tax Information Network (TIN) website A circular issued by the income tax authority under section 119 of the Income Tax Act 1961 on 13th [...]

  2. KRISHAN LAL CHHABRA8 December 2012 at 05:04

    form 16a req.for the year 2011-2012

  3. How to generate Form 16A from 26as

  4. Form 16A & 26AS are different items. Form 16A will be issued by the party who has deducted your TAX under TDS of Income Tax. Now this form 16A should be downloaded from Traces ( Income Tax Website) by the deductor and to be issued to the deductee. But 26AS is the tax credit statement which can be viewed by the taxpayer from Traces or website.

  5. Asmita Jyoti Chs30 July 2013 at 01:13

    How can i get TDS certificate in online as i made payment in chalan 281 need to get party certificate kindly assist me on this same....

  6. First you should submit quarterly returns of all TDS you have deducted and deposited in a month.
    You can use any TDS utility which can buy with around a 2 or 3 thousand Rupees.

    After uploading the return you can download the TDS certificate from the Income tax website

    You should register

    For downloading the TDS return

    Actually it is a tedious process.
    First you must learn from somebody else and after words
    You can do it yourself