How to download Form 16A: Step-by-step guide to download from TRACES website, SBI, HDFC Bank, ICICI Bank Here is how to download Form 16A TRACES website, SBI, HDFC Bank, ICICI Bank
The Form 16A is a TDS Certificate that shows all TDS amounts submitted to the Income Tax Department. When non-salary payments like TDS professional fees, rent, and bank interest are made, the deductor provides a "TDS Certificate" to the IT Department.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} Form 16 A downloaded from TRACES are considered as valid TDS certificates.
Form 16 A is generated only for valid PAN. In case of invalid PAN or if the PAN is not reported in TDS statement, Form 16 A will not be generated.TDS certificates downloaded from TRACES are non-editable. Password to open Form 16 A is TAN number in Capital letters i.e. ABCD12345E.TDS deduction from salary not enough: Salaried employees must file ITR despite tax deducted by employer
How to download Form 16A from Traces website
Step 1: Login to TRACES.Step 2: Select Form 16A.
Step 3: Select Financial Year and PAN.
Step 4: Details of authorised person.
Step 5: KYC validation
There are two options for KYC validation:
1. DSC (Digital Signature Certificate)
KYC Validation using DSC: Financial Year, Quarter and Form Type will be auto-populated. Click on 'Validate
Step 6: Success message.
Once the KYC details are validated, a success message will appear on the screen along with a request number. You can access Form 16A from the 'Downloads' section using this request number. Form 16A can only be downloaded only if the status is "Available". You will have to wait for 24- 48 hrs in case the status of the request is 'Submitted'.Download the utility.
Step 7: Download Form 16A
How SBI customers can download interest certificates
Step 1: Once logged in to your account, click on 'My Certificates' under the 'e-Services' tab.
Step 2: Select 'Interest Certificate on Deposit A/Cs'.
Step 3: You will be required to select the financial year 2022-23. Click on submit.
The web screen will show you the interest paid to your savings and fixed deposit bank accounts in a particular financial year. Click on 'View/Download in PDF' to download the certificates.
How HDFC Bank customers can download Form-16A
Step 1: Visit https://netbanking.hdfcbank.com/netbanking/ and login to your bank account by entering user ID and password.Step 2: Once logged into your account, select 'Enquire' on the left-hand side of the screen.
Step 3: Under the 'Enquire' tab, select 'TDS Enquiry' option. On your screen, three options will be shown: (a) Current Financial year, (b) Previous Financial year and (C) Download TDS certificate.
Step 4: Select 'Download TDS certificate' option and click on 'View'.
Step 5: The web screen will show your PAN. From the drop down menu, select the financial year 2022-23 to download the TDS certificate for the last financial year. Further, you will be required to select the quarter (i.e., Q1, Q2, Q3 and Q4) in which the TDS is likely to be deducted. If the tax is deducted in all the quarters then you have to select one quarter at one time and repeat the process from step 3 once again.
Step 6: Click on continue and confirm. A pop-up will appear on your web screen asking you to save the TDS certificate on to your system. If no tax has been deducted by the bank during the financial year, then the bank will ask you to select different quarter to download Form 16-A.
How to download Form 16A from ICICI Bank
Steps to download Form 16AStep 1: Visit www.icicibank.com and login to your bank account.
Step 2: Once logged in, click on 'Tax Centre' under the 'Payments & Transfer' tab.
Step 3: On the new web page, different options will be shown on your screen. Click on 'View' option shown in the 'TDS Certificate' option.
Step 4: Your partial hidden details of the PAN will be shown. From the drop-down menu, select assessment year and the financial year. Similarly, select 'period' from the drop-down menu, i.e., either Q1, Q2, Q3 and Q4 in which the TDS is likely deducted. If the tax is deducted in all the quarters then you have to select one quarter at one time and repeat the process for each quarter.
Step 5: Click on 'Generate PDF'. If tax has been deducted, then the statement will be generated which you will then have to save on to your system. If no tax has been deducted, then you will get this message on your system: "There is no TDS data found for requested PAN for given Assessment year and Quarter."
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This story originally appeared on: India Times - Author:Faqs of Insurances
