Regarding issue of form 16


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2013 Hi,
I am working in a school which have full salary grant which managed by the private trust. We submit salary sheet at ZP office & salary get deposited into bank. The school do not have PAN & TAN No., So tds on salary would not get deducted & staff as their own submit the tax on salary.

My question is that school can issue form 16 to the employee because school don`t have TAN & PAN.

22 February 2013 School can not issue Form 16,

However it is a serious default at the school's end. Non Filing of Income Tax Return along with Non Deduction of TDS.

The person disbursing the salary can be held personally liable for non deduction of TDS along with major penalties under IT Act for non filing of Income Tax Return.

For more info you can contact us at Raghav@ggassociates.in


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