TDS on salary and Form 16

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Bimal Thacker (Querist)

29 November 2010 A company registered in Maharashtra in 2007 has shifted its registered office in September 2010 to Gujarat (Baroda). It has TDS no. of Maharashtra (Mumbai) and has deposited and files return in form 26Q and 24Q for first two quarter. As registered office change TIN centre advice to take new TAN no. at Baroda and surrender TAN of Mumbai.

Now and onwards the TDS will deposited in new TAN no of Baroda. The question is how salary certificate (Form 16) to issue? Whether two form 16 to issue or there is any alternate way?

Bimal Thacker

Bimal Thacker (Querist)

30 November 2010 any suggestion or line of action

S SRINIVASAN

S SRINIVASAN (Expert)

01 December 2010 Form 16/16A is the certificate of deduction of tax, where in income particulars of the deductee, deducted amount, remittance particulars are given by the deductor to the deductee to enable the later to take credit of the tds against the later's tax liability. Since tds of last two quarters deposited in another tan, there is no other go other than issuing two form 16 with appropriate particulars relevant to the respective periods

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