I don't know what Ms. Ruchi Duseja would have learnt to solve her simple problem from the contradictory replies to each other of the members. In my view most of the responses have led to controversies, complications that would have caused confusions in the minds of several members of this forum. Some members say Form 16 not to be issued, others say to be issues and some others say Form 12B to be issued.
No doubt healthy discussion can help members to enhance their knowledge, but not such a discussion that creates more and more confusions due to replies made merely on guess of some members, who are not aware of the statutory provisions of law and rules. SO FAR 638 MEMBERS HAVE VIEWED THIS QUERY AND ANSWERS. NEEDLESS TO MENTION, THEY WOULD HAVE BEEN MORE CONFUSED THAT LEARNED SOMETHING OUT OF THE CONTROVERSIES CREATED BY VARIETIES OF ANSWES.
In fact, members who are not sure about the statutory provisions, should not have participated to answer the query merely on the basis of their guess to make the discussion more and more controversial, as that does not help enhancement of knowledge of anyone, rather confuse their minds about the provisions of law.
Naturally, it was not a question of procedures and practices that could have been solved by the varied personal experience of the members to enhance the knowledge and skill of membbers.
SO FAR AS THE ANSWER TO THE QUESTION IS CONCERNED, provisions about TDS certificate in Form No. 16 are very clear that IT HAS TO BE ISSUED ANNUALLY, not any time in between the AY or FY.
SO, THERE IS NO QUESTION OF ISSUE OF FORM 16 TO THE EMPLOYEE AFTER PAYMENT OF SALARY OF ONLY THREE MONTHS TO HIM.
At the most the employee can ask for the certificate of salary & perks drawn and deductions made out of his emoluments to help him submit his salary particulars of those months to his new employer. Form 16 would be issued only by the new employer by 31st May of the year after the close of the salary year/financial year.
No doubt healthy discussion can help members to enhance their knowledge, but not such a discussion that creates more and more confusions due to replies made merely on guess of some members, who are not aware of the statutory provisions of law and rules. SO FAR 638 MEMBERS HAVE VIEWED THIS QUERY AND ANSWERS. NEEDLESS TO MENTION, THEY WOULD HAVE BEEN MORE CONFUSED THAT LEARNED SOMETHING OUT OF THE CONTROVERSIES CREATED BY VARIETIES OF ANSWES.
In fact, members who are not sure about the statutory provisions, should not have participated to answer the query merely on the basis of their guess to make the discussion more and more controversial, as that does not help enhancement of knowledge of anyone, rather confuse their minds about the provisions of law.
Naturally, it was not a question of procedures and practices that could have been solved by the varied personal experience of the members to enhance the knowledge and skill of membbers.
SO FAR AS THE ANSWER TO THE QUESTION IS CONCERNED, provisions about TDS certificate in Form No. 16 are very clear that IT HAS TO BE ISSUED ANNUALLY, not any time in between the AY or FY.
SO, THERE IS NO QUESTION OF ISSUE OF FORM 16 TO THE EMPLOYEE AFTER PAYMENT OF SALARY OF ONLY THREE MONTHS TO HIM.
At the most the employee can ask for the certificate of salary & perks drawn and deductions made out of his emoluments to help him submit his salary particulars of those months to his new employer. Form 16 would be issued only by the new employer by 31st May of the year after the close of the salary year/financial year.