Form no 16 and form no 12ba

It is compulsary to issue for 12BA whose salary is above Rs. 1.50 Lakhs

Hi Mr. Pramod,

Yes, very much you can issue Form No. 16 to such employee having GTI more than 2 lacs (even if no TDS is deducted). In practical, employees having very less salaries even can demand Form No. 16 to employer. Its depend on demand of employee. If he needs it, he can ask, and then employer will issue the same to him.

In case of employees having taxable salary income, its must to issue Form No. 16 since this is the document which I Tax Dept can demand to support his 'returned income'.