ImSrk
Help needed! I applied to CTS and got selected. As my salary is below the tax slab i did not get any form 16 from my employer for first year. CTS is asking me for form 16 I don't have that. I have bank statements salary slips offer/appointment/relieving letters with me.

Will they revoke my offer? Do all companies ask for Form 16 for BGC?

From India, Pune
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Saswatabanerjee
Partner - Risk Management
Advocate Prem Chanda Yadav
Silvassa. Www.lawglobalhr.com
Malikjs
Gm (hr)
+1 Other

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malikjs
166

When your tax is not deducted than you will not get form 16,please ask present employer to provide income certificate in excel duly signed by them.they can not cancel your offer due to this,even you can give self declaration month wise income
From India, Delhi
Advocate Prem Chanda Yadav
10

Ask to employer they will issue.
From India, Mumbai
ImSrk
Today I received mail from them they are saying whether income taxable or non taxable you should get form 16. Also they asked me not to deactivate my salary bank account. This is my first switch and now it's getting frustrating.
From India, Pune
Advocate Prem Chanda Yadav
10

income taxable or non taxable not matter for Form 16. It can issue for non taxable amount employee’s also.
From India, Mumbai
ImSrk
Prem Chandra i asked them again and again they saying it's for year 2019-2020 and due date is passed and they cannot issue it now.

Am I overthinking this? Is bank account statement or salary slips are enough?

From India, Pune
Advocate Prem Chanda Yadav
10

They are right. can't issue after closing due date. 1st get correct to your self and don't ask such things which is out of due limitation.
What you are overthinking, request to employer's they will show you way.

From India, Mumbai
ImSrk
So other things such as bank statements or salary slips will be enough for BGC? My offer won’t get affected right?
From India, Pune
saswatabanerjee
2355

Issue of Form 16 is compulsory only in case you have taxable income
The employer is under no obligation to provide the same in any other case.

Some employers do give it if the employee asks.
But if they refuse, you can't do anything.

The HR of your new company is obviously clueless. But unfortunately, you can not antagonise them. So explain the situation to them and logically, they should be able to verify your salary from your bank account

From India, Mumbai
ImSrk
Completely agree but some organization like CTS insist on form 16, how to tackle with that? I am afraid about my offer if it will get revoked due to form 16
From India, Pune

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