20 July 2010
Form 16 or 16 A is issued by the payer of a sum to the payee consequent to a deduction of tax under salaries and on other incomes respectively. What change can possibly be expected in this? Ensure that the TDS done is having proper PAN and name so that the credit goes to the right assesse. Today online verification of such credits is possible although it takes awhile for data updation.