Diference in 16 & 16AA

Answer to your question is Form 16 is given only for the salary and the Form 16AA is given for other than salary. So both forms are not used for salary

HI HEMANTH,

OTHER THAN SALARY 'FORM NO. 16A'  IS GIVEN.

AS PER IT ACT YOU MAY FURNISH '16 OR 16 AA' FOR SALARY.

I JUST ASK THE DIFF BETWEEN THEM

Both are for Salaries. But the difference is ....Form 16 is Certificate under section 203 of the Income tax act for tax deducted at source  from Income chargeable under the head Salaries to be given by the employer to employee (see Rule 31(1)(a). Where as Form 16AA is Certificate for TDS from Income chargeable undet the head Salaries -cum-Return of Income. {see 3rd proviso to Rule 12(1)(b) and Rule 31(1)(a)}. Form 16AA  applies only to a resident Individual whose total income includes salary income but does not include PGBP/ CAPITAL GAINS/ AGRICULTURAL INCOME and he is not in receipt of any other income from which tax has been deducted at source by any person other than the employer and the income from salary before deductions u/sec16 does not exceed Rs. 1,50,000/-. If all these conditions are fulfilled , 16AA applies.

PLEASE SPECIFY THE DETAILS REGARDING ISSUE & DEPOSITION OF FORM 16 AA.

WHY AN EMPLOYER CAN NOT ISSUE A 16 FORM TO EMPLOYEE FOR THIS PURPOSE ALSO.

Though newly amended Rule-12 (with the introduction of New ITR forms) does not contain the similar wording as contained in the earlier Rule-12, but the Rule 31(1)(a) prescribes the form for certificate of TDS. For the disposition of Form 16AA, please refer "Scheme for filing of returns by salaried employees through employer,2004".However, with the introduction New ITR series , I am not clear how this form will be useful for an employee for filing return as newly amended Rule-12 doesn't contain the similar wording.

Hi !

Plzzzzzzzzzzz Provide form 16AA  in World/ Excal format

Hi

Form 16AA in Doc. formate.

Hi, I need form 16AA.... can anyone provide the same