hello sir
i have recently joined a new company. they are asking me to produce either a form 16 or a taxable salary statement. why are they asking for that ?. does the taxable salary statement require a income tax deptt. stamp ?. i am not sure that my previous employer used to give any form 16 to me or not. can a new taxable salary statement be produced for the assesment year 2006-07. i left my company last year on 30th april, so should i give the taxable salary statement for this assesment year ?. if i am unable to produce any of these documents then will my new company terminate my services? i have just received an offer letter from them. my previous company was a pvt ltd and a very small company with employee strength less than 20.i am in deep concern...please help !
From India, New Delhi
i have recently joined a new company. they are asking me to produce either a form 16 or a taxable salary statement. why are they asking for that ?. does the taxable salary statement require a income tax deptt. stamp ?. i am not sure that my previous employer used to give any form 16 to me or not. can a new taxable salary statement be produced for the assesment year 2006-07. i left my company last year on 30th april, so should i give the taxable salary statement for this assesment year ?. if i am unable to produce any of these documents then will my new company terminate my services? i have just received an offer letter from them. my previous company was a pvt ltd and a very small company with employee strength less than 20.i am in deep concern...please help !
From India, New Delhi
Dear Mr. Ankur,
This is true that the new company asked for form No. 16 as per companies requirement. because as per your Resume and salary structure mentioned in it they must cross check with the form -16. Normally most of the candidates are showing their Salary of the previos company greater than as they have received. So, this is needed. Another thing to calculate the tax laibility on your salary this is most important.
If any clarification needed kindly contact with me.
Basudeva Choudhury
New Delhi
Mobile No. 09718390567
1This is true that the new company asked for form No. 16 as per companies requirement. because as per your Resume and salary structure mentioned in it they must cross check with the form -16. Normally most of the candidates are showing their Salary of the previos company greater than as they have received. So, this is needed. Another thing to calculate the tax laibility on your salary this is most important.
If any clarification needed kindly contact with me.
Basudeva Choudhury
New Delhi
Mobile No. 09718390567
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