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If a employee has demanded form 16

Manish Negi (Expert) (394 Points)

18 April 2012

If a employee has demanded Form 16 and the Employer has not obtained TAN. Than what can be the solution.

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9 Replies

biswajitchandra (accountant) (69 Points)
Replied 18 April 2012

if employer dont have a TAN , employer can not issue form16 to the employee. only soluation first employer online apply for TAN

Regards

C.A. Mr.Ray

srayassociates @ gmail.com

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Giridhar S Karandikar (Team Lead) (7548 Points)
Replied 18 April 2012

Has TDS been made on the salary paid? If no then there is no requirement of Form16.

CA PRAVEEN SINGH (MANAGER ACCOUNTS) (2277 Points)
Replied 19 April 2012

FIRST APPLY FOR TAN.THEN DEDUCT TDS .THEN ISSUE FORM 16.

MEANS IF YOU DO NOT HAVE TAN ,YOU CAN NOT ISSUE FORM 16.

Prateek Agarwal (Sr. Executive - Finance & Accounts) (1732 Points)
Replied 19 April 2012

Yes. First apply for TAN then deduct TDS.

Narayan Mohite (tax expert) (30 Points)
Replied 21 April 2012

first we have to see the turnover limit of firm or employer it is above tax audit limit then only employer have to get TAN number and then can only he/she can issue form no 16 to employees.

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Rishabh Ahuja (.) (491 Points)
Replied 21 April 2012

does that mean an employer who pays his employees above the maximum amount not chargeable to tax but not covered under tax audit limit does not need to deduct tds ???

kindly elaborate ??

Sonu Kumar (Account Manager) (665 Points)
Replied 30 April 2012

Dear All,

Without TAN number no one can Deduct tax from salary or any other income because if any one deducted tax then he has to Deposit the amount in following month at 7th through TAN number. and after that issue TDS certificate Under His TAN so without TAN no one can Issue form 16