Applicability of new form 16 : Which year

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SHAILESH SANGANI

PROPRIETOR

61 Points Posted on 20 April 2009

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)

H S Rajashree

MBA in Finance

221 Points Posted on 20 April 2009

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 ?

SHAILESH SANGANI

PROPRIETOR

61 Points Posted on 20 April 2009

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.