Form 16 not available
This query is : Resolved
04 June 2013
I am a salaried person and have filed return for AY 2011-12 & 2012-13. I dont have Form 16 for both the AY as my income is below basic exemption limit.
When I had applied for housing loan, the bank is insisting on submission of Form 16.
I am not working with that empolyer anymore and he is not ready to give me Form 16.
Members please advice on how do I explain the situation to bank and get the loan passed.
When I had applied for housing loan, the bank is insisting on submission of Form 16.
I am not working with that empolyer anymore and he is not ready to give me Form 16.
Members please advice on how do I explain the situation to bank and get the loan passed.
CMA Ramesh Krishnan
(Expert)
14 June 2013
You can ask your employer as you are asking for housing loan purpose. all employer will give that for bank purpose.
or
Tell to banker since you are not coming under TDS, form 16 not possible and ask them to accept Income tax return as document
or
Tell to banker since you are not coming under TDS, form 16 not possible and ask them to accept Income tax return as document
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- GST on reimbursement of expenses
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Whether output tax is taken credit by purchaser
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
