One client (proprietorship concern) wants to issue Form 16 to its employees who wish to file their I-T Returns. However, the salary income of those employees are below the taxable limit & hence no TDS was effected during the P-Y 08-09.
Can the employer issue Form 16 if he DOESNOT possess TAN ?
Note: No TDS Liability under any other section also.
18 April 2009
Yes, employer can issue either Form 16 or simply a letter in their letter head titled "To whomsoever it may concern" and issue it to employee.