bujjulu (e-TDS + IT return filer Hyderabad) (731 Points)
09 February 2018An employer did not deduct TDS in the FY 2016-17 . Now the employee wants form 16.
If he gives form 16 with balance to pay - what will be the consequences.
(the employee is ready to pay taxes now and file his return )
BUT can employeR issue form 16. ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177886 Points)
Replied 09 February 2018
Form 16 is downloaded trom TRACES, so let employer pay TDS with interest and file return, after that he can download form 16.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177886 Points)
Replied 09 February 2018
Form 16/ 16A is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees. These certificates provide details of TDS / TCS for various transactions between deductor and deductee. It is mandatory to issue these certificates to Tax Payers.
CAclubindia
