Tuesday, June 6, 2017

Due date for issuing form 16 has been extended from 31st may to 15th June

CBDT has issued a notification No.42/2017 on 02.06.2017 for amending  Rule 31(3) and thereby extends the due date of furnishing of Form 16 to the employees from 31st May to 15th June for the previous financial year. Now for issuing of form 16 the deductors will get 15 days more otherwise before this amendment the last date for issuing Form 16 was 31st may and for each delay there was a fine of Rs.100/- per day.