Form 16
This query is : Resolved
10 June 2016
if the gross income of the employee is less than 2.5 lacs for the f.y 2015-16, and he need form 16 for loan purpose , so employer can issue form 16?
10 June 2016
there is no criteria for the loan what the income, loan agency demand the income proof. you have to provide. employer can issue the form 16 manually or on its firm letter head if income is not taxable.
10 June 2016
Yes employer can give form 16 in their manual format. there is no issue with that.
10 June 2016
yes, employer MAY issue form 16. Alternatively, the employer can issue SALARY certificate if it does not want to issue form 16
10 June 2016
Employer can issue form 16, However Salary certificate is also sufficient evidence for Income proof
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
