salary computation compulsory if all employees salary is non taxable? My question is I want to file 4 th quarter 24Q but all employees salary is below 2.50 lakh but they want form 16 and our company deduct only P. T. can I generate form 16 ?
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Quick Summary
This discussion clarifies whether Form 16 is compulsory for employees whose salaries are below the taxable threshold. The consensus is that you can still file a Form 16 even if no TDS has been deducted, especially when dealing with the 4th quarter ETDS filing. This allows for accurate reporting of salary information and any professional tax (PT) deducted.