13 May 2010
Dear Brother ours is MNC and I am working as an accountant. please anybody help. We have to isssue form 16 to our employees and 16A to our sub contractors.which form i have to use cause it is well known fact that these form have changed from 1.04.2009. I am not getting the new or amended forms. anybody can please give like or upload. We have to issue these forms for FY 2009-10(AY 2010-11)
13 May 2010
There was a recent notification stating the changes in TDS. Notification Number 9/2010 dated 18-02-2010 bearing S.O. 424(E). This notification has no major change, but a statutory update to reverse the changes made in earlier notification (which said about Form 24C / UTN / etc.) issued last year. So, this notification makes it legally valid to use earlier Form 16 / 16A formats. So Form 16 / 16A should be issued in the existing format only