Almost all the Drawing and disbursing officers (DDOs) have already done e-TDS filing. They will get the form 16 from TRACES .But the tedious process for the tax deductors is the issue the 16B especially in large offices with huge number of tax payers. Treasury staff developed a Multi utility software which reduces the work load and maintain high accuracy in this process.
INCOME TAX FORM 16B CREATOR - MULTI PURPOSE UTILITY
Prepared by : Saji V Kuriakose, Treasury Department
District Co-ordinator Idukki
TiMUS 7.50 is a Multi Purpose Utility Software to prepare
Income Tax Form 16B,
Income TAX Statement from SPARK Salary Drawn Statement
Pay / Pension Revision Arrear 2014
Easy way to prepare Form 16 B part : Facility to prepare Form16B part, from the text file created at the time of validation of data from Return Preparation Utility. ( Just browse the text file thus created to import the data into Timus and there will be option to export form 16B in PDF format of all records - salary details entered in Annexure 2 of RPU). Then there will be an option to prepare a consolidated statement on the data entered as salary details to check whether the data entered in Annexure 2 is correct or not. This conslidated report will reflect Name, PAN, Category of Deductor, Total Income, Total Deductions, Taxable income, Total Tax Payable, Total Tax Paid, Shortfall/ Default, Serial number of that record annexure2 of RPU.
Other Feature of this Utility
2. Income tax statement preparation facility by fetching data from Salary Drawn Statement from Spark.
2. Income tax statement Preparation options for Pensioners too (Senior Citizen, Super Senior Citizen ).
3. Pay revision 2014- Arrear Preparation utility for multiple employees, multiple head of Accounts.
4. NPS bill preparation option for Treasuries.
5. Export all reports to PDF format
6. Equipping users to set IT Rates.7. Ready links to important IT Sites
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