Hi All,
Please clarify my doubts regarding Form 16 issuance.
1. Can we issue Form No. 16/16A without PAN details of the deductee for the financial year 2008-09? Few deductees do not have PAN information.
2. If we issue Form No. 16/16A to the deductee without mentioning PAN details, is it valid or not as per the Income Tax Act/Rules?
Thanks & Regards, Mubeen
From India, Madras
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Please clarify my doubts regarding Form 16 issuance.
1. Can we issue Form No. 16/16A without PAN details of the deductee for the financial year 2008-09? Few deductees do not have PAN information.
2. If we issue Form No. 16/16A to the deductee without mentioning PAN details, is it valid or not as per the Income Tax Act/Rules?
Thanks & Regards, Mubeen
From India, Madras
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I presume that the TDS deducted for all those employees must have been regularly deposited with the 'PAN applied for' status. Form 16 can be issued without a PAN number, and the employee must obtain the PAN number as soon as possible to file his/her return based on the Form 16 received.
Saurabh
From China, Leizhou
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5Saurabh
From China, Leizhou
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Thanks for your prompt response, Saurabh.
But my doubt is the employee would not be able to file the IT returns using the Form 16 without PAN, and the employee's name will not reflect in Form 24Q. So, the employer will have to face legal disputes if Form 16 is issued without PAN, am I right? 🤔
Please guide me.
Mubeen.
From India, Madras
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But my doubt is the employee would not be able to file the IT returns using the Form 16 without PAN, and the employee's name will not reflect in Form 24Q. So, the employer will have to face legal disputes if Form 16 is issued without PAN, am I right? 🤔
Please guide me.
Mubeen.
From India, Madras
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Income tax and form 16.xls