Issue of Form 16

This query is : Resolved 

25 June 2010 Employees whose gross salary is below the taxable limit demand form 16 from the employer. Is it necessary for the employer to issue form 16 in such cases. For example gross salary itself is Rs.1 lakh per annum, is it necessary for the employer to issue form 16 if asked by the employee.

25 June 2010 Strictly speaking, it is not necessary.

The form is titled " certificate .. .. for tax deducted at source .. .. "

If there is no deduction, issue of certificate is not necessary/compulsory.

25 June 2010 Agreed with experts. you can issued him salary certificate on letter head of company.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries