Registered Members: 165615 | Current Active Members: 104926

Question ID : 21

From the current fancial year, filg of come tax urn is mandatory for people havg gross come exceedg

From the current fancial year, filg of come tax urn is mandatory for people havg gross come exceedg Rs 1.00 kh, though net taxable come is below this amout after deduction under section 80C.
Is it necessary to issue Form 16 such cases?
Usually the circur issued by the department states that no certificate need be issued if no tax is deducted at source. '

Click here to Post Your Answer
Posted by Suprakas Chaudhuri on Aug 19, 2005
Filed Under DIRECT TAXES

No answers yet. Be the first to answer!

Post Your Answer

Please login to post your answer.