Hi all seniors,
Below are some doubts that I have regarding form 16 for income tax.....
1. Is it mandatory to file form 16 whethere a person has taxable income or not...??
2. In case of taxable income if there is some home loan and insurances that nullify the tax....whether to file form 16 is must or not??
3. Also providing form 16 to the employees is employers duty...isnt it...??
Pl clarify all above doubts....at the earliest....
Below are some doubts that I have regarding form 16 for income tax.....
1. Is it mandatory to file form 16 whethere a person has taxable income or not...??
2. In case of taxable income if there is some home loan and insurances that nullify the tax....whether to file form 16 is must or not??
3. Also providing form 16 to the employees is employers duty...isnt it...??
Pl clarify all above doubts....at the earliest....