06 March 2012
tds return of a co. has not been filed but tds deducted from employes salary has been deposited so can the co. issue form 16 to the employees.??please explane...
06 March 2012
While issuing Form 16, the Company has to fill ETDS Ack. Numbers. Without filing TDS returns, the same cannot be filled in Form 16. Even if Form 16s are issued to employees without mentioning the ETDS Acs Numbers and without filing TDS returns, the tax credit will not be updated in the respective employees' Form 26AS. So, they may ask tomorrow about this. So, it is always advisable to file ETDS return and issue Form 16s.
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