03 October 2012
We are a liaison office in chennai, can we issue Form 16 to a employee who is working in Mumbai and receiving salary from head office. TDS will be paid by us with penalty in chennai liasion office. Can we issue Form 16 to him?
03 October 2012
The disbursement officer or responsible or Controlling officer for maintaining the records, release of salary with TDS details can issue Form 16 to its employees. It is immaterial whether the employee is working in any other location as long as the salary received from controlling office.
if an employee joins in a Co. before date of incorporation of a Co. (April 2012) and he is getting salary from that company from July'11. Can that company is eligible to issue form 16 for the year 2011-12.
03 October 2012
Incorporation of Company is procedural aspect which can not prevent to pay salary to its employees.
As long as the control of affairs of company is same till the date of actual incorporation i.e April, 2012, the salary from July, 2011 to March, 2012, there is no bar to issue form 16.