Applicability of new form 16 : Which year

Notification 2641 views 5 replies

Dear,

Can any one tell me whether new Form 16 [ Salary Certificates ] and 16A [ Other then salary ] are to be issued for the financial year 2008-09 or is it for the financial year 2009-10.

If it is for the financial year 2008-09, then some of the data required to be filled up in the revised form are not available, like ( a ) Unique identification no. ( b ) PAN validation ( c) gross salary.

Has Govt. announced procedure for PAN validation ?

Replies (5)
Originally posted by :SHAILESH SANGANI
"

It is applicable only fromPY 09-10

Rgds

Rajashree

 

 

Dear,
Can any one tell me whether new Form 16 [ Salary Certificates ] and 16A [ Other then salary ] are to be issued for the financial year 2008-09 or is it for the financial year 2009-10.
If it is for the financial year 2008-09, then some of the data required to be filled up in the revised form are not available, like ( a ) Unique identification no. ( b ) PAN validation ( c) gross salary.
Has Govt. announced procedure for PAN validation ?

"


 

If it is for the financial year 2009-2010, then while filing income tax return for the financial year 2008-09 [ Assessment year 2009-10 ], we are called upon to submit information as to UTN NO. AFTER TAN NO IN SCHEDUE TDS 1 IN ITR FORMS . How will we be able to fille up this information from the old form 16 ? This information is available in new form 16 and not in the old form 16.

these provisions are applicable from FY 2009-2010 i. e TDS deducted on or after 01.04.2009

I agree with all above reply

however there is nothing mentioned in the incometax provision that it is applicable from the year 2009-10 (like the clarification provided for form 17)


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