Rebate under Chapter VIII-A reflected in revised Form 16 to adjust tax payable and TDS particulars. The rules substitute items 13-19 in Form 16 to require itemised disclosure of rebates under Chapter VIII-A and other rebate categories, an aggregate rebate total, tax payable after rebate and surcharge, relief entries affecting tax computation, final tax payable, and the breakdown of tax credits showing tax deducted at source and tax paid by the employer on perquisites, producing a net tax payable or refundable. The amendment takes effect on publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Rebate under Chapter VIII-A reflected in revised Form 16 to adjust tax payable and TDS particulars.
The rules substitute items 13-19 in Form 16 to require itemised disclosure of rebates under Chapter VIII-A and other rebate categories, an aggregate rebate total, tax payable after rebate and surcharge, relief entries affecting tax computation, final tax payable, and the breakdown of tax credits showing tax deducted at source and tax paid by the employer on perquisites, producing a net tax payable or refundable. The amendment takes effect on publication in the Official Gazette.
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