Form 16 - new company

Form 16 should be issued only if there is deduction of Tax under section 192. If there is not tax deduction, you can't issue Form 16.

Now you have file e-TDS return and request for Form 16 in TDSCPC website: https://www.tdscpc.gov.in/

They will send you Form 16. You can't prepare on your own.

Hi Manjunath,

Thanks ! My employees are asking Form 16 for their individual income tax purposes. They told me, it is the industry's practice to give Form 16 for nil tax deductions even. I wanted to confirm that. Thanks !

Regards,

Vinodh

You can issue Salary Certificate to your employees

Dear,

If you are not liable to deduct TDS then there is no requirement of filing E-TDS return....your question is what to do as your employees demanding Form 16....you can give them form 16 by disclosing salary they drawn ...the formats are avalible in word and excel on google ...kindly download it, fill it and give it to your employees....

Regards,

Neha Chauhan