Issue of form 16a

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

28 April 2012
Dear Sirs,
Is it mandatory for a non-company deductor(Say Trust)to issue Form-16A from TIN only. If yes, then what happens if it had issued manually through old method prior to 01.04.2011. It will attract penalty ? Please guide

CMA MALHAR BEHERA

CMA MALHAR BEHERA (Expert)
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28 April 2012 YES.
Prior to 01.04.2011 all deductors can manally issue TDS certificate.
No penalty will atract as it is optional.

Querist : Anonymous

Querist : Anonymous (Querist)

28 April 2012 Sir, I could not asked the question in right manner. My question is after 01.04.2012 we have filed all the TDS returns before due date and given TDS certificate manually but before due date. Now we are issuing TIN generated Form-16A . My question is if we have given TDS certificate after 01.04.2012, will it attract penalty. Only the fault is that we could not know that we have to give TIN generated Form-16. Please reply sir