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....
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
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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