Form 16

This query is : Resolved 

20 April 2010 Sir / madam,
if gross salary Rs. 180000/- and taxable salary is below Rs. 160000/-, it is necessary to issue form 16 to an employee or we can issue any other certificate for the financial year 2009-10.

Regards,

Ashish

20 April 2010 It is advisable to issue form 16 instead of other certificate.

20 April 2010 YOU SHOULD ISSUE FORM 16 SHOWING HIS TAXABLE INCOME AS NIL.

20 April 2010 if TDS is nil then you can issue a salary certificate showing all particulars of the salary in the company's letter head instead of Form 16


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