Form16 under income tax act issue

299 views
User Avatar

Statutory Analyst
387 Points Posted on 04 April 2019

When there is Nil tax calculated based on taxable salary income less allowable deductions etc , is it mandatory to issue Form 16 to  the employee for example

Income is 250000

Less 

80c etc......50000

Taxable is....200000 less than the allowable limit

under the above example Form 16 is mandatory to issue or not

please confirm

0 Reply Share Follow
On 04 April 2019 at 17:29 Report
Replies (4)
User Avatar

FCA DISA CCA Peer Reviewer (ICAI)
591 Points Posted on 04 April 2019
if detail has been filed in tds returns, it is mandatory to be issued form 16. in any other case salary certificate is sufficient.
2 Reply
On 04 April 2019 at 17:35
User Avatar

Team Lead
5675 Points Posted on 04 April 2019
if TDS us made then only firm 16 us required to be issued else not required to be issued
Reply
On 04 April 2019 at 18:13
User Avatar

owner
76 Points Posted on 05 April 2019

Agree with CA Nitin K. Varshney Sir.

Reply
On 05 April 2019 at 07:41
User Avatar

Statutory Analyst
387 Points Posted on 11 April 2019

in the salary return we fill the salary particulars claim exemptions deductions as per rule and arrive as nil TDS , in such case we need to issue form 16 as such

Reply
On 11 April 2019 at 13:35

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Private limited tax audit
  2. LTCG - SEC54
  3. Foreign remittance from our client for Co Working
  4. UDIN generation
  5. Reply plz guys
  6. Tax Deduction and Collection Account Number
  7. Where can students practice XAT PYQs effectively?
  8. Gst on Guest house 5% without ITC
  9. How do you collect documents from clients for ITR
  10. GST ITC on Construction/ Tenant Specific Renovatio

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details