09 December 2011
we have a employee whose annual salary 1,30,000/-, he want form 16 from our company. can we are issue him form 16 as per requirement. he have no other income.
09 December 2011
As per Recent Amendment Form 16 is to be issue only after downloading from NSDL but if you want you can issue as there is no any tax credit, although it is better to issue certifying that This Employee working with us and earned this much in this financial year.
10 December 2011
Better to Issue Salary Certificate mentioning your TAN Number if you having it will assist your employee to file his Income Tax Return.
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