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Form 16

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(Querist)
05 July 2013 Is form 16 is the obligaion of employer,
is it necessary to give form 16,even if employee has salary less than exemption limit?
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
05 July 2013 only when the TAXABLE INCOME of employee Is more than the basic exemption limit, for eg. if for F.Y. 12-13, if taxable salary is more than 200000/-

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