Form no.16 & self assessment tax
This query is : Resolved
19 May 2016
1.WHEATHER THE GOVT EMPLOYER ISSUE FORM NO. 16 TO HIS EMPLOYEE WHEN NO TAX HAS MADE ON EMPLOYEE INCOME ?
2. SELF ASSESMNET TAX IS TO BE ADDED IN FORM NO.16 OR NOT ?
2. SELF ASSESMNET TAX IS TO BE ADDED IN FORM NO.16 OR NOT ?
19 May 2016
1) Form 16 is given when TDS is deducted from the employee salary
2) Self assessment Tax is added at time of filing ITR
Regards
CA MITHIL MUNOT
camithilunot@gmail.com
2) Self assessment Tax is added at time of filing ITR
Regards
CA MITHIL MUNOT
camithilunot@gmail.com
19 May 2016
ACCORDING TO YOU IN FORM NO.16 ONLY TDS DEDUCTED AMOUNT WILL BE SHOWN
19 May 2016
form no 16 is mandatory in the cases where TDS has been done by the employer. In the cases where TDS is NOT required to be done, many employers DECLINE to issue form 16. Under such circumstances, the employees should ask for SALARY certificate and not form 16.
19 May 2016
CALCULATION PERFORMA FOR INCOME TAX IS SHOWN AS SALARY CERTIFICATE?
19 May 2016
yes, you may use the same as that of form 16. but refer it as salary certificate.
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
