Issue of Form 16

This query is : Resolved 

25 June 2009 Dear sir,
Employee salary exceeds 1,50,000 due to deduction u/s 10 and 80 taxable income, below income the 150000, hence no TDS, In that case issue of form 16 is necessary or not.

25 June 2009 If no TDS is deducted, then there is no mandatory requirement to issue form 16.

26 June 2009 Its not compulsory, though employer can issue form 16




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