Regarding apply of TAN
sashank sashi (97 Points)
10 November 2021Please someone enlighten me in this issue
sashank sashi (97 Points)
10 November 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178014 Points)
Replied 10 November 2021
If TDS not deductible, no need to apply for TAN.
You can give Salary Certificate to your employees, when no TDS deducted (deductible) from salary.
sashank sashi
(97 Points)
Replied 10 November 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178014 Points)
Replied 10 November 2021
You cannot generate form 16, when no tax paid or no TDS return filed.
You can give only salary certificate for 12 months, so that employee can provide it as proof of salary received in particular FY.
sashank sashi
(97 Points)
Replied 10 November 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178014 Points)
Replied 10 November 2021
Yes. Based on the certificate, an assessee can file ITR. (provided the gross salary is below Basic Exemption limit)
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178014 Points)
Replied 10 November 2021
But if Gross salary is above BEL, the employee has to file TDS return (even if net taxable amount be below maximum amount not chargeable to tax)
sashank sashi
(97 Points)
Replied 10 November 2021