Hi Folks,
Please provide the answers to the below-mentioned queries. Can the employee ask the employer to issue Form 16 in case he/she is filing the ITR for a nil/zero amount? Form 16 can only be issued at the end of the financial year and not in the middle of the financial year. Is this correct? Please reply.
Suppose a person joins a new company in the middle of the financial year, and the new company's HR asks for Form 16. What should be done? Will a salary certificate suffice the needs and requirements of the HR Department?
Thanks & Regards
Please provide the answers to the below-mentioned queries. Can the employee ask the employer to issue Form 16 in case he/she is filing the ITR for a nil/zero amount? Form 16 can only be issued at the end of the financial year and not in the middle of the financial year. Is this correct? Please reply.
Suppose a person joins a new company in the middle of the financial year, and the new company's HR asks for Form 16. What should be done? Will a salary certificate suffice the needs and requirements of the HR Department?
Thanks & Regards