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Form 16 required for those making under 200k per annum?
I got an appointment letter asking me to submit form 16 from the previous company on the day of joining. my salary while working in my previous company was below 2 lakh per annum and i was told by my previous employer that it is not required in my case. what is this form 16 exactly? and is the form 16 really not required in the case i mentioned?
Form 16 from previous employer
Dear seniors i am applying for home loan they want form 16 from previous employer that comes under last 2 years experience. my present employeraug 2012 to present provided form 16 even though my salary is 1.95 lpa. my previous employer refused to give form 16 for apr 2011 to jul 2012. in my previous employment my salary was 8000 per month got through cash only w/o any salary slip. how can i ask them to provide form 16 it is mandatory for applying loan.
Form 16
Hi i have worked in a recruitment co. for almost 4 months and quit the co. for better prospects. now for some banking formalities i need the form 16 from my previous employer which he is not providing me. i have salary slips and proof of salary credit on my bank statements. its my right to get a form 16 from the employer. pls let me know how can i get this document from him. he is not at all ready to issue a form 16 to me. what may be the reason for not giving a form 16 when i was on the rolls of the company and have proof of employment. regards jyoti
Form 16 - procedure
Hi i am working as an it co ordinator in a mnc. my employer says he will not issue form 16 as tax is not deducted from my salary. but i have received form 16 from my previous organisation when my salary was less. as far as i know form 16 will be given though you are taxable or not. pls confirm the procedure. regards sudha
Company asks for previous employer form 16
I have joined capgemini 3 months before. this is my 3rd company & i have 3 years of experience. my first company is sole proprietorship small company with 23 employees which provides me salary in cash & at that time i badly required that job as i have over 2 years gap after graduation. i don t have form 16. now company asking me for bank statement & form 16 of that company which i don t have now what should i do i am very ethical person & very transparent with cg from start. please suggest me.
Income tax
Hi recently one employee joined us in the month of jan09. he says that he has not claimed anything under 80 c from his previous company. i asked him to submit form 16 as a proof so that we can consider 1 lakh exemption under 80c but he said his previous employer is not ready to issue the form 16 until mar09. please let me what shall i do in this case. thanks..