Form 16 necessity
This query is : Resolved
23 July 2009
Hi,
Can anyone tell me whether it is necessary to have form 16 for ITR, if income is equal or below 1.5 lacs for F.Y. 2008-09.
Can anyone tell me whether it is necessary to have form 16 for ITR, if income is equal or below 1.5 lacs for F.Y. 2008-09.
23 July 2009
No. Only your income should match with the actual expense of the company if income below Rs. 150,000/-. Salary certificate would also do.
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