Distribution of Form 16

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Sr. Accountant
107 Points Posted on 07 May 2020
Dear Sir

Can form 16 be given to employees in case no TDS deduction in last financial year?

Is it feasible or any bar as per IT act?

please guide....
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On 07 May 2020 at 15:58 Report
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Quick Summary
This discussion clarifies whether Form 16 can be issued to employees even if no Tax Deducted at Source (TDS) was made in the last financial year. The consensus is that it is indeed possible. However, it's essential to file the details in the TDS return, as Form 16 will be generated directly from the TRACES portal.

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Partner
152 Points Posted on 07 May 2020

Hello,

Yes, it can be given. However, you need to file the details in ETFs return, and form 16 will be generated directly from TRACES,

For more details, please drop email to psandac @ gmail.com 

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On 07 May 2020 at 19:18
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Finance/Compliance Consultant
69650 Points Posted on 07 May 2020
Yes it is possible...
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On 07 May 2020 at 23:44
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Sr. Accountant
107 Points Posted on 08 May 2020
Thanks for update...
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On 08 May 2020 at 09:18
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Chartered accountant
290 Points Posted on 08 May 2020
YeS it is possible
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On 08 May 2020 at 11:04

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