Rules Regarding Form no 16

This query is : Resolved

Amit Mehta (Querist)
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24 June 2008 Hi,

What is the deadline for Issuing Form no 16 by the Employer to the Employees.

Is it mandatory for the Company to Issue Form No 16?

If the company Doesnt issue Form 16 to the employee then what action can be taken Against the Company?

What Would be the fate of the employee in case the Company Doesnt Issue the Form 16 to the employee.

Is there any documented Rules and Regulation related to Form 16 By Indian Govt?

Waiting for Response.

Regards,

Amit.

CA. Yayati Tyagi

CA. Yayati Tyagi (Expert)
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24 June 2008 1) 30 april
2) no, only if tds is deducted
3) not sure, but think can write to ito
4) now, itr are paperless,no need to attach form 16. so, if know the figures, can file the return, otherwise write to ito
5) see sec. 203

Azmathullah Khan

Azmathullah Khan (Expert)
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25 June 2008 The form 16 to be issue on or before 30 april, the penelty is Rs.100/- per day will be charge for non issue of TDS certificate after the due date.

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