https://www.taxtmi.com/forum/issue?id=106205 Issuance of Form 16 is governed by sub rule 3 of rule 31 of the Income Tax Rules, 1962, requiring employers to issue Form 16 annually by the statutory deadline after the financial year; however, employers may provide salary and tax deduction particulars during the financial year. If no further salary transactions occur with the previous employer, that employer can issue Form 16 mid year; alternatively salary slips or a statement of tax deducted at source may be used for interim verification, and submission of Form 16 to a new employer is not compulsory. en-us Tue, 29 Oct 2013 10:02:42 +0530 Thu, 23 Jan 2025 15:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106205 Issuance of Form 16 is governed by sub rule 3 of rule 31 of the Income Tax Rules, 1962, requiring employers to issue Form 16 annually by the statutory deadline after the financial year; however, employers may provide salary and tax deduction particulars during the financial year. If no further salary transactions occur with the previous employer, that employer can issue Form 16 mid year; alternatively salary slips or a statement of tax deducted at source may be used for interim verification, and submission of Form 16 to a new employer is not compulsory. Discussion-Forum Income Tax Tue, 29 Oct 2013 10:02:42 +0530 https://www.taxtmi.com/forum/issue?id=106205