From 16

TDS / TCS 482 views 2 replies

CA Can give Form 16 Where Employer not deducted tax because of Employee Joined before 3 Monthsat the end of F.y and Gross Not Exceed the Tax Limit.But Employee has to submit Form .16 For Bank Loan Give me suggestion

Replies (2)

Naveen,

 

Form 16 shall be issued by the Employer who is paying salary to his employee( not by CA).

The for 16 is a proof that salary paid and TDS deducted on such salary. It is Important to file the IT retuns.

For bank loans usually  they ask IT retuns not form 16.

   

agree with above


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