Form 16 & 16A

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Yogesh. B.K. (Querist)
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21 May 2010 Dear Sir,

I have to issue form 16 to the employees for the F.Y.2009-10. But I have a querry, some of the employees asking for form 16 but there gross salary is below 160000. Should I issue them form 16? if not then what is the rule of income tax.

Manish Soni

Manish Soni (Expert)
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21 May 2010 F16/16A is issued to enable payee to claim the credit of TDS deducted by the deductor in his/er ITR so form 16/16A should be issued only when TDS is deducted. Why employee are asking for certificate i cant understand

Regards

Rahul Gupta

Rahul Gupta (Expert)
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21 May 2010 Agreed. There is no need to issue Form 16 if no TDS is deducted. However, in case emloyee require it for some genuine purpose like, home loan or any other proof of salary, then you can issue from 16 showing nil TDS.

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