Hi
1. If TDS is NIL then whether the Company is under obligation to issue 'NIL' Form 16 to concerned employee? If not, is any other document is mandatory required to be issued to that employee?
Thanks in advance
Regards
Hinna Garg
Suman Khurana (ACS) (209 Points)
17 July 2009Hi
1. If TDS is NIL then whether the Company is under obligation to issue 'NIL' Form 16 to concerned employee? If not, is any other document is mandatory required to be issued to that employee?
Thanks in advance
Regards
Hinna Garg
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 17 July 2009
Form 16 has to be issued even in case where tds to be deducted is Nil from the employees
Sarabjeet Kaur
(CS)
(196 Points)
Replied 17 July 2009
Hi
I think Salary Cerificate is to be issued to employee instead of Form 16.
Regards
Sarabjeet
Kailash Sharma
(CA- Final Student)
(148 Points)
Replied 17 July 2009
Yes Rajesh is right. It will be issued only when TDS deducted otherwise SALARY CERTIFICATE is enough...
Gagandeep Singh
(Article)
(29 Points)
Replied 17 July 2009
No Need to Issue Form16 only salary Certificate to be issue
saurabh
(CA)
(552 Points)
Replied 17 July 2009
Originally posted by :Sarabjeet Kaur | ||
" | Hi I think Salary Cerificate is to be issued to employee instead of Form 16. Regards Sarabjeet |
" |
Yes Form 16 is not required to be issued in this case, salary Certificate will do.