Form 16

Vishal Jain (Service) (44 Points)

01 June 2011  

Dear All,

I have one query.

I have two employer in f.y.2010-11 from first employer i get the gross salary 50000 and from second employer I am getting gross salary 150000

now i reported to my current employer my previous salary50000, so my gross salary is 200000 for 2010-11 before any exemptions / deductions.

After deduction/exemption my taxable income is 155000.

My question is can i get form 16 as per rule because my employer not ready to given me form 16 and given me reference of Rules.

If there is any provision in Income Tax Rule for getting form 16, please help me because I want to apply home loan, and banks are not given loan without submitting form 16.

Thanks in advance.