Dear Freinds, One of our employee is demanding form 16,management stand is only those coming under tax deduction will be issued. please help, is this case ????
From India, Mumbai
From India, Mumbai
Dear Friend
As Form16 is issued to only those employees on which you have deducted tds or we can say whose income came under deduction, but if an employee wants form 16than ask his purpose & than you suggest him to get his salary certificate from you in this manner you will solve his issues.
Prahlad Singh
From India, Jaipur
As Form16 is issued to only those employees on which you have deducted tds or we can say whose income came under deduction, but if an employee wants form 16than ask his purpose & than you suggest him to get his salary certificate from you in this manner you will solve his issues.
Prahlad Singh
From India, Jaipur
hi..
As per my company's rule v had givn Form 16 to all who needed its not compultion that who's tds deducted only those wil get form 16.
As any one who is earning salary will need it for takng loan or if they want to go abroad form 16 wil b needed...
regards,
trupti
From India, Mumbai
As per my company's rule v had givn Form 16 to all who needed its not compultion that who's tds deducted only those wil get form 16.
As any one who is earning salary will need it for takng loan or if they want to go abroad form 16 wil b needed...
regards,
trupti
From India, Mumbai
hi, Form 16 should be given to all employees whether taxable income or not. They may require to file the Nil returns. regards, Prachi
From India
From India
Dear Friend, If we deducted Tax from any employee during the financial year It is mandatory to issue Form 16. However we can issue Form 16 even we did not deduct Tax upon employee request.
From India, Hyderabad
From India, Hyderabad
Form 16 need to provided by company....which ever may be his salary. Every working no0n working individual has writes to file ITR..under ITR law. Thanks Jitendra
From India
From India
Form 16AA is to issued to Provided that in the case of an individual, resident in India, where his income from salaries before allowing deductions under section 16 of the Income-tax Act, 1961 does not exceed rupees one lakh fifty thousand, the certificate of deduction of tax at source shall be in Form No. 16AA;
From India, Mumbai
From India, Mumbai
[QUOTE=george_ca;1221068]Form 16AA is to issued to Provided that in the case of an individual, resident in India, where his income from salaries before allowing deductions under section 16 of the Income-tax Act, 1961 does not exceed rupees one lakh fifty thousand, the certificate of deduction of tax at source shall be in Form No. 16AA;
From India, Mumbai
From India, Mumbai
Hi all, need exert advice on this question??? Anyone from accounts background update us all on this q regards
From India, Mumbai
From India, Mumbai
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