Partner - Risk Management
Primus Techsystem
Agile Solutionist
+2 Others

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
If No TDS is deducted from the salary, Employer is bound to give TDS form no. 16??
From India, Chandigarh
Form 16 is towards tax deducted at source from income. If no income tax deduction, no Form 16
From India, Bangalore
Sanjeev, The word 'Bound' is very strong.
Check if the organization is TAN registered.... are other staff getting Form 16. If yes... all employees will get Form 16, i.e with NIL TDS certificate.
In another couple of weeks.. one should expect form 16 from their employers... even someone whose TDS is NIL gets it.

From India, Mumbai
To the best of my knowledge, all Tds has to now be generated from the income tax site.
So it will not generate it if there is no Tds deducted (as it will not be on the website)
I am told manual Tds certificates are not allowed from this year for all company assesses.

From India, Mumbai
Dear sanjeev,
If the net salary income of the employee crosses the maximum exempted tax ceiling (ex:Rs.200000), the employer shall issue TDS certificate. Even if the final tax liability of the employee is zero, the employer shall issue a zero TDS Form16.
The employer can generate zero TDS Form16 from the tdscpc website. In order to do this, the employer should have uploaded the relevant information of the particular employee (with zero TDS) in the tin-nsdl website.

From India, Thana
Appreciate if you could share with the group in the coming weeks.. how things developed at your office in this regard. It will enable learning for all viewers and closure to the loop. Thanks.

From India, Mumbai
Dear Sanjeev, Kindly note that if your Gross Income exceeds Rs.2.00 lacs (not taxable) then you are eligible to get Form 16 by law. Ramakant
From India, Pune
I cross checked with our auditors. TDS certificates are only for those from whose salary TDS has been deducted. You can not give a NIL TDS certificate. It is illegal.
From India, Mumbai
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™