Distribution of Form 16
Dey (Sr. Accountant) (107 Points)
07 May 2020Can form 16 be given to employees in case no TDS deduction in last financial year?
Is it feasible or any bar as per IT act?
please guide....
P-SAC
(Partner)
(152 Points)
Replied 07 May 2020
Hello,
Yes, it can be given. However, you need to file the details in ETFs return, and form 16 will be generated directly from TRACES,
For more details, please drop email to psandac @ gmail.com
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36355 Points)
Replied 07 May 2020