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Former Member
May 15, 2008 at 11:03 AM

Error in Form 16 - Very urgent

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Hi Experts,

We are facing two issues while processing F16.Please help us in fixing this.

A.In first page of F16 in second point Less:Allowances to the extend exempt under section 10 amount is comming as round figure like 1100 which is suppose to be 1100.25 (In balance it is showing correct amount

1.Gross Salary=100000

2.Less:Allowances to the extend exempt under section 10 amount= 1100 (Suppose to be 1100.50)

3.balance(1-2) = 98899.50 (Is correct)

B.We ran F16 for a employee and found that there are only 11 entries in the third page of F16(Details of tax deducted and deposited in to central government account box where as employee paid for 12 months of last financial year (In the text below in words saying that particular amount is deducted as Tax)