Is it mandatory to issue Form No 16 to all the employees? What about the employees who don’t come under Tax slab. Has Form no 16 to be issued to them also.
From India, Bangalore
1From India, Bangalore
Yes it is mandatory to issue Form no. 16 to all employees in whose case TDS has been deducted, for rest it is not mandatory but if they demand then you have to provide it.
From India, Ahmadabad
From India, Ahmadabad
Hi Arun,
Issuing Form 16 is necesary for all the employees even if it is not mandatory from Income Tax act point of view.
Most of the employees would come back to you asking for Form 16 for past 2-3 years especially when they apply for any loan in the bank.
also it would be a good will gesture to you employees as they will be assured company is following all statutory compliances of under Income tax.
Hope this helps
Regards
From India, Hyderabad
Issuing Form 16 is necesary for all the employees even if it is not mandatory from Income Tax act point of view.
Most of the employees would come back to you asking for Form 16 for past 2-3 years especially when they apply for any loan in the bank.
also it would be a good will gesture to you employees as they will be assured company is following all statutory compliances of under Income tax.
Hope this helps
Regards
From India, Hyderabad
our management not providing form 16 for 2012-13 fy eventhough requested many times. That is why unable to file IT Returm as how much income shown in my account as I am having other income also in addition to it.
What can i do? How to proceed to get the Form*16 to file IT Return?
From United States,
What can i do? How to proceed to get the Form*16 to file IT Return?
From United States,
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Order No. 1-2018 Extension of date for submitting the statement in FORM GST TRAN-2.pdf
Employee Appraisal Form new.doc
Performance Review Form - KDCL for year 2010.xls