Bombay High Court Takes Action on Delayed Form 16: What Does This Mean for Employees?

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Bombay High Court, vide order dated 15.10.2018, has directed the Commissioner (TDS) to file a comprehensive affidavit regarding the delay in issuing Form 16 by employers to the employees. The Court has also directed the Department of Revenue to penalize such defaulters and take strict action against them under section 405 of the Indian Penal Code. This information is provided for your reference.
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