Regarding issue of Form 16
This query is : Resolved
19 June 2008
Is this permanent obligation for the employer to issue Form 16 or 16AA even if the Taxable income is below the taxable limit and tax has not been deducted. And if it is not obligatory then what should an employer do when such an empoloyee is asking for his/her Form 16/16AA.
Kindly intimate me.
Kindly intimate me.
19 June 2008
If TDS deducted its mandatory to issue Form16 and 16AA
Empoloyee is asking for his/her Form 16/16AA.no TDS-discretion of Emplyer
Empoloyee is asking for his/her Form 16/16AA.no TDS-discretion of Emplyer
20 June 2008
Dear Mr Vivek
Thnaks for responding. But I am asking about the situation when TDS has not been deducted and taxable income is below taxable limit.
thanks
Thnaks for responding. But I am asking about the situation when TDS has not been deducted and taxable income is below taxable limit.
thanks
22 June 2008
If the income is below the taxable limit then obviously the tax liability will be nill. In that case it is not obligatory for the employeer to issue the TDS certificate. But the employee can ask for the salary certificate in which all the salary details will appear. On the same footing employer can issue the nil TDS certificate at its discreetion.
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