Form 16/ 16A Preparation Services – Ashok Anshit & Co
In today’s highly regulated tax environment, accurate preparation of Form 16 and Form 16A is crucial for employers, deductors, and taxpayers. Errors or delays in issuing these forms can lead to penalties, notices from the Income Tax Department, and dissatisfaction among employees or vendors. Form 16/ 16A Preparation
Ashok Anshit & Co, a professional Chartered Accountancy firm, provides end-to-end Form 16 and Form 16A preparation services, ensuring complete compliance with Income Tax laws, TDS rules, and timelines prescribed by the Government of India. Form 16/ 16A Preparation
What is Form 16?
Form 16 is a certificate issued by an employer to an employee, certifying the Tax Deducted at Source (TDS) on salary income under Section 192 of the Income Tax Act, 1961. Form 16/ 16A Preparation
It serves as:
- Proof of TDS deduction
- Summary of salary paid
- Essential document for filing Income Tax Return (ITR)
Parts of Form 16
Form 16 consists of two parts:
🔹 Part A
- Employer & employee details
- PAN & TAN
- TDS deducted and deposited
- Generated from TRACES portal
🔹 Part B
- Detailed salary breakup
- Exemptions under Section 10
- Deductions under Chapter VI-A
- Tax computation
What is Form 16A?
Form 16A is a TDS certificate issued for non-salary payments, such as:
- Professional fees
- Contract payments
- Rent
- Commission
- Interest (other than interest on securities)
It is applicable under various TDS sections like:
- Section 194J
- Section 194C
- Section 194I
- Section 194H
Form 16A is issued quarterly and is also generated from the TRACES portal. Form 16/ 16A Preparation
Importance of Accurate Form 16 / 16A Preparation
Incorrect or delayed TDS certificates can cause:
- Income tax notices
- Mismatch in Form 26AS
- ITR filing issues for employees/vendors
- Penalties under Section 272A
- Loss of trust with stakeholders
That’s why professional handling by experts like Ashok Anshit & Co is essential. Form 16/ 16A Preparation
Our Form 16 / Form 16A Preparation Services
At Ashok Anshit & Co, we provide complete, error-free and compliant TDS certificate preparation services. Form 16/ 16A Preparation
🔹 Our Scope of Services
- Salary data verification
- TDS reconciliation with Form 26Q / 24Q
- Validation with Form 26AS
- TRACES portal handling
- Downloading Part A
- Preparation of Part B
- Correction of TDS mismatches
- Issuance of digitally signed certificates
Form 16 Preparation Process at Ashok Anshit & Co
Step 1: Data Collection
We collect:
- Salary structure
- Investment declarations
- Proofs submitted by employees
- PAN details
Step 2: Salary & Tax Computation
- Calculation of taxable salary
- Allowable exemptions
- Deductions under Chapter VI-A
- Final tax liability
Step 3: TDS Reconciliation
- Match TDS with Form 26AS
- Verify challan details
- Resolve mismatches
Step 4: Form 16 Generation
- Download Part A from TRACES
- Prepare Part B
- Digitally sign & issue to employees
Form 16A Preparation Process
Step 1: Verify TDS Returns
- Review filed Form 26Q
- Check deductee details
Step 2: TRACES Validation
- Download Part A of Form 16A
- Ensure challans are correctly booked
Step 3: Certificate Issuance
- Generate Form 16A
- Issue quarterly certificates to vendors/contractors
Who Needs Our Services?
Our Form 16 / 16A services are ideal for:
- Companies & Corporates
- Startups
- MSMEs
- Professionals
- Partnership firms
- LLPs
- Proprietorships
- NGOs & Trusts
Why Choose Ashok Anshit & Co?
✅ Expert CA Team
Handled by experienced Chartered Accountants and tax professionals. Form 16/ 16A Preparation
✅ 100% Compliance
We strictly follow Income Tax Act, CBDT circulars, and TDS rules. Form 16/ 16A Preparation
✅ Error-Free Documentation
Multiple checks to avoid mismatches and notices.
✅ Timely Delivery
On-time issuance as per statutory deadlines. Form 16/ 16A Preparation
✅ Confidentiality
Complete data security and privacy. Form 16/ 16A Preparation
Due Dates for Form 16 & Form 16A
📌 Form 16
- Issued annually
- On or before 15th June of the following financial year
📌 Form 16A
- Issued quarterly
- Within 15 days from due date of TDS return filing
Penalties for Non-Compliance
Failure to issue Form 16 / 16A may attract:
- ₹100 per day per certificate (Section 272A)
- Maximum penalty up to amount of TDS
- Notices from Income Tax Department
Professional handling helps avoid such risks. Form 16/ 16A Preparation
Common Errors We Help You Avoid
- PAN mismatch
- Incorrect challan details
- Short deduction
- Late deposit of TDS
- Wrong section code
- Incorrect salary calculation
How We Add Value for Clients
- Smooth ITR filing for employees/vendors
- Reduced tax notices
- Improved compliance rating
- Peace of mind
Get Professional Form 16 / 16A Services Today
If you are looking for reliable, accurate, and professional Form 16 / Form 16A preparation services, Ashok Anshit & Co is your trusted partner. Form 16/ 16A Preparation
Our team ensures:
✔ Correct tax computation
✔ Proper TDS reconciliation
✔ Timely issuance
✔ Complete compliance
📞 Contact Ashok Anshit & Co
For expert assistance in Form 16 & Form 16A preparation, compliance, and taxation services, connect with us today and ensure hassle-free tax documentation.