E.KALAIKOVAN (Sr. Accounts Manager ) (339 Points)
20 July 2016Few staff whose taxable income is less than the Notified limit asking TDS Certificate to file their income Tax Return
Their data are not filed in 24Q.
Is TDS certificate mandatory to file their return?
CA Mehul Chudasama
(Chartered Accountant)
(618 Points)
Replied 20 July 2016
You have to issue Form 16 Annexure B To Employee, There is no compulsory Requirement of TDS Certificate to file Salary Return Just required Employer Details
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 21 July 2016
Employer can decline to issue Form 16 in case there is no deduction of tax at source.It is clear from a bare reading of section 203 of the I T Act and the relevant rule 31 of IT Rule .
Liability to give a certificate of tax deduction is given in Section 203 of the I T Act .For employer, specific provision is given in sub-section 2 of section 203 of the I T Act
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
