09 October 2014
My company has issued Form 16 to an employee. That employee worked for 1.5months at the payroll of Rs 1lacs per month. Now in Part A of Form 16 Amount paid is shown as Rs 2 Lacs. However in Part B of Form 16 it is Rs 1.5Lacs. Now what can be done...is company required to revise TDS return & Form 16 or what.??
09 October 2014
yes, you need to revise TDS Return. Your company must have reported incorrect Information while filing return. You need to correct it & re-issue the Tax Certificate.
CAclubindia
