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Saturday, 27 January 2018

IT Software for AP Model Schools- By Ch V Ramana Murty PGT-Maths- APMS L.KOTA

Highlights of Form-16-APMS Updated version dated 25-Jan-2018 are

1. Fixed error in calculation of HRA DEDUCTION under section 10(13)

2. Included Home Loan Interest on Repairs/Renewal/Reconstruction under section 24(b)

3. Included Additional Deduction on Home Loan Interest under section 80EE (for those who got home loan sanctioned during 1stApril2016 - 31stMarch2017)

4. File format changed to .xlsx

5. For excluding any month (say Feb-2018 with prior permission of the higher officials) from taxing, just make the duty period as 0.

6. EDIT option is enabled in entry of Acknowledgement Nos, TDS payment particulars and date of issue in Form-16.

7. Other Betterments.

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