FORM-16highCBDT (Income Tax)
FORM-16 — Issue of Form 16 to Employees
Issue the annual salary TDS certificate to every employee by 15 June following the end of the financial year.
- Due
- 15 Jun each year
- Frequency
- Annual
- If it lapses
- ₹100 per day per certificate under s.272A(2)(g)
- Statutory reference
- Rule 31(3), Income-tax Rules 1962
Who has to file it
Every one of these has to hold before FORM-16 binds an entity:
- TAN registered
- 1 or more employees
- Filed on:
- TRACES / NSDL
- Usually owned by:
- Accountant
- Typical effort:
- 3 hours
Common questions
- When is FORM-16 due?
- 15 Jun each year. It falls due once a year.
- Who has to file FORM-16?
- It applies to TAN registered and 1 or more employees.
- What is the penalty for filing FORM-16 late?
- ₹100 per day per certificate under s.272A(2)(g)
- Where is FORM-16 filed?
- TRACES / NSDL.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.