Issuance of Form-16

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This discussion addresses the complexities of issuing Form 16 for the financial year 2021-22 when a company has multiple branches and TDS was initially deposited under a single TAN. The core issue is how to correctly issue Form 16 for employees whose TDS was deposited under the Mumbai TAN, even if they belong to the Hyderabad branch. The advice suggests filing the TDS return with the Mumbai TAN and then issuing two separate Form 16s for Hyderabad employees via the TRACES portal. However, the company-provided Part B of Form 16 should only reflect the Hyderabad unit's details.

GEETIKA TANWAR

GEETIKA TANWAR (Querist)

12 May 2022 Hello,
I have query regarding issuance of Form 16 FY 2021-22. Client company have two branches i.e. Mumbai & Hyderabad, in April & May 2021 all employees TDS have been deposited at Mumbai TAN even for Hyd employees also after that they bifurcated to correct branches. Now my question, what are the options I have, to issue the Form 16 for FY 2021-22 now. Whether I should issue two form -16 for Hyd branch one is for apr & month & other is for rest months or not. Please suggest me the options as I will have to file TDS return.
Thanks in advance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

12 May 2022 All employees TDS have been deposited at Mumbai TAN even for Hyd employees also after that they bifurcated to correct branches.
Hence file TDS return all employees with Mumbai TAN and issue single form 16.

GEETIKA TANWAR

GEETIKA TANWAR (Querist)

12 May 2022 This has happened only for April & May 2021.

CA Puja Sharma

CA Puja Sharma (Expert)

12 May 2022 You have to give 2 Form 16 to each employee of Hyderabad generated from the traces portal.

However, when you give Part B made in-house by the company, only provide 1 part B of Form 16 with details of the Hyderabad unit.

GEETIKA TANWAR

GEETIKA TANWAR (Querist)

12 May 2022 Thank you for your help.

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