No Tags Found!

Naveenyadav.mn
Dear all,
i had faced recently a situation from my company employee , in having FORM 16 called as Salary certificate which has to b given by he accounts department , he asked the Form 16 for submitting the form to the bank for having approval from the bank in having the personal loan , in this due course there was serious argument with the person for not giving the form 16. he is NON IT Return person . is it compulsory to provide Form 16 to certain person.
regards,
Naveen

From India, Visakhapatnam
talentsorcerer
89

Naveen: Form 16’s are compulsory. You are in the right and you can escalate non issuance of Form 16’s to your payroll / Accounting / Finance team/s
From India, Mumbai
loginmiraclelogistics
1064

No, Form 16 is a certificate of having deducted the TDS from an employee's salary. If there is no deduction of TDS issue of Form 16 does not arise. However if the employee requires, a Salary Certificate or a Pay slip could be issued.
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.