Hi Srinivas,
Check this link Mid Year Go Live - Payroll India (PY-IN) - SAP Library
SAP Notes : (1) 0000506128 (2) 0000563491
you have to update the Table T558B & T558C from the month of April, 2014 (for proper Form-16) and run the payroll with schema INLK. you have to update the results for the past month up to the go live month.