Separate form 16 or single???

941 views 4 replies

Dear member,

 

If a company X has 4 branch in different states of India as A,B,C and D and all four having different TAN no.s. .  An employee has worked in all the four branches during a financial year by getting transferred and the TDS from his salary was deducted by every branch according to his posting and was duly deposited by branches to govt exchequer against thei TAN no.

 

Now question is:

1) How many form 16 should be issued to him????---------As per my view seperate by all branches/or an annexure by all in single form 16.

2) How is TDS amount to be shown in form 16, seperate for amount against seperate tan no.?

3) what if only single form 16 is issued by the last serving branch showing total TDS under his TAN no.????

Kindly give back up of circular or case law etc, if any..

Replies (4)

Whether change of branch be treated as change of employer because TAn no. changes..???

1. As all 4 branches have deducted tax & remitted under their respective TAN, each branch has to issue a separate Form 16.

 

2. Each branch has to show only that amount of tax which was deducted & remitted by them.

 

3. As TAN also needs to be mentioned in Form 16, it is not possible to issue a single Form 16 as the tax dedcuted has been remitted under different TAN's. You cannot mention multiple TAN's on a single Form 16.

Dear Mr. Nayak,

First of thanks for ur reply,

"As TAN also needs to be mentioned in Form 16, it is not possible to issue a single Form 16 as the tax dedcuted has been remitted under different TAN's. You cannot mention multiple TAN's on a single Form 16."

Form 16 has an option to show multiple TAN under the table annexed with the form just above the DDO declaration.

But the problem with that is the DDO sign is of one only. So, if DDO changes for every branch all the 4 DDo's cannot sign on it.

 

CAn u please highlight what is the consequence if branch issues single form. as i asked in point 3 of my ques..????

 

Thanks again

ALL THE BRANCHES HAVE TO MAKE SEPRATE FORM 16, AS IT CAN BE SIGNED BY ONLY ONE PERSON.

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