Is this form 16 valid

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The employer company has issued Form 16 to the employee :

Total tax payable                    65000

less TDS                                  56000

Tax payable/refundable            9000

Is this Form 16 valid.

Regards,

Replies (6)

Salary particulars must be disclosed. And also, it must be in the format given by govt. so, the given form 16 is invalid in my opinion.

its an invalid form 16 as only details regarding tax is given......

I am sorry I framed the question in very short.

It is usual Form 16 with all particulars, details, prescribed format etc. My question is on the last two lines. Can a employer company issue form 16 shwoing Tax payable.

Regards,

Yes, if tax is short deducted, you must show the same in Form - 16 and it is still valid. 

However, the IT dept. may later on ques the company for short deducting. But, if u have adequate reason, its ok.

Neverthless, the Form-16 is still valid.

You can cheque whether on the right side top corner 'Unique certificate number' is mentioned or not?....It it is mentioned it is valid and downloaded from tin-nsdl.com... 

Parul

This is just to mention that downloading of Form 16 from NSDL is not mandatory. It is compulsory for 16A. Moreover the AY in question is AY 11-12.


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