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Issue of Form 16

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(Querist)
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.
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CA.BHARAT BHUSHAN

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CA.BHARAT BHUSHAN (Expert)
25 June 2009 If no TDS is deducted, then there is no mandatory requirement to issue form 16.
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CA.Nikhil Gupta

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CA.Nikhil Gupta (Expert)
26 June 2009 Its not compulsory, though employer can issue form 16
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