Hi,
I have been selected for a position at a reputable MNC company. However, during the verification process, they have requested my Form 16 and bank statement from my first employer, XYZ Company, where I worked in 2011. My total experience with that company was 1.5 years. Unfortunately, the company has since closed down, and salaries were paid in cash due to its small size. As a result, I do not possess the Form 16 or bank statements for that period. I seek guidance on how to address this query and provide the necessary justification.
Thank you.
Amit
From India, Pune
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I have been selected for a position at a reputable MNC company. However, during the verification process, they have requested my Form 16 and bank statement from my first employer, XYZ Company, where I worked in 2011. My total experience with that company was 1.5 years. Unfortunately, the company has since closed down, and salaries were paid in cash due to its small size. As a result, I do not possess the Form 16 or bank statements for that period. I seek guidance on how to address this query and provide the necessary justification.
Thank you.
Amit
From India, Pune
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File your Income Tax Return in Form ITR-1 and report your salary. If your total income is below the taxable limit, include your employer's TAN number in the Schedule of ITR-1 under tax deducted in Form 16. Display the total salary received in a financial year and indicate tax deducted in the financial year as 0. This will serve as proof equivalent to Form 16. Should you encounter any issues, please leave a comment.
From India, Kolkata
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180From India, Kolkata
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Hi Amit, Did you inform the same to your new employer? Please don’t make this complex. Inform them in advance and ask them what alternative do they expect.
From India, Bangalore
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From India, Bangalore
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@ Mahr — - Yes, I have already informed this to the new employer, but received no response from them after that. Do I need to justify anything else to clear this query?
From India, Pune
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From India, Pune
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The company you worked for may have been closed, but your bank statements for that period would be available, right? You can't say you do not have bank statements for 2011. At worst, you can go and ask the bank for a copy of the statements of that period.
The problem I suspect is that you didn't put the salary money in the bank. And the bank would show nil or very low balance with little transactions.
You have no option but to go and speak to the HR in the new company and explain to them what the situation is.
From India, Mumbai
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The problem I suspect is that you didn't put the salary money in the bank. And the bank would show nil or very low balance with little transactions.
You have no option but to go and speak to the HR in the new company and explain to them what the situation is.
From India, Mumbai
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Salary -bank credit statement( A-C NO).pdf
Salary Form 16.xls