Upgrad LLM

form 16

Head - Legal & Secretarial

 

I would like to know is there any time limit within which the employer has to give the TDS certificate in case the employee leaves the job within the financial year, since i have come to know from various people that within 45 days, form 16 needs to be issued to outgoing employee by employer , would like to know the relevant provision for the same,

thanks in advance

 
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Chartered Accountant

kindly refer SEc.203 of income tax act  read with Rule.31 of the income tax rules........

 
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