Salary income

This query is : Resolved 

03 February 2014 In case, if employer not have TAN and not to deduct TDS and not to issue Form 16 to employee, than can employee file income tax return whithout Form 16 as proof of income ? 1) if salary exceed basic exemption. 2) if salary below basic exemption.

07 February 2014 In all cases , Company shall give Form-16 weather tax deducted or not for all employees.Therefore you need to keep form-16 from your employer .

But in your case , if TAN or TDS is not there by company in that case , you file IT return based on salary certificates/ payslip from employer and consider EPF deducted if any under 80C .This IT filing should be done in all cases whether exceeding the exemption limit or near to limits for IT records which is helpful to individual in long life.



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