form 16

This query is : Resolved

digvijay (Querist)
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30 April 2009 Hi,

Which form is issued to an employee in case no tax has been deducted at source from his salary and the employee has only salary income.

Thnaks,

CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
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30 April 2009 no form is issued.

ca praveen kumar

ca praveen kumar (Expert)
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30 April 2009 you may issue Form 16 only by showing TDS deduction particulars as NIL

taxindiaconnect

taxindiaconnect (Expert)
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01 May 2009 If the income of the employee is more then taxable limit and Tax is becomes NIL due to 80C hence Tax is not deducted form 16 needs to be deducted. In cases where the income of the employee is less then the thresh hold limit a form 16 as mentioned by Praveen can be issued or a certificate on the letter head can be issued. it is better to issue a form 16.

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