Form 16 (Part B) Generator

Part B Statement

FORM NO. 16 - PART B
Details of Salary Paid and any other income and tax deducted

Employee: - Regime: New

1. Gross Salary (Section 17(1))0.00
2. Less: Exemption u/s 100.00
3. Balance (1 - 2)0.00
4. Less: Standard Deduction u/s 16(ia)50,000.00
5. Income chargeable under the head 'Salaries' (3 - 4)0.00
6. Add: Any other income reported by employee0.00
7. Gross Total Income (5 + 6)0.00
8. Less: Deductions under Chapter VI-A (80C, 80D, etc.) 0.00
9. Total Taxable Income (7 - 8)0.00
10. Tax on Total Income0.00
11. Less: Rebate u/s 87A0.00
12. Add: Health and Education Cess @ 4%0.00
13. Total Tax Payable (10 - 11 + 12)0.00
14. Less: Relief u/s 89 (if any)0.00
15. Less: Tax Deducted at Source (TDS)0.00
16. Tax Payable / (Refundable)0.00