Form 16

Lakshman (Analyst) (36 Points)

03 September 2007  

Dear All,

Is it compulsary to issue Form 16 to each and every employee in the company whose Taxable net salary does not come under Tax bracket(i.e less than Rs.1,00,000 in a F.Y.) and TDS not deducted from their Salary ?

Thanks inadvance.

Lakshman