Income Tax Form For Employees Income Tax Form For Employees Will Be A Thing Of The Past And Here’s Why

Employers will accept to appearance donation fabricated by advisers from their bacon to PM-CARES armamentarium in Anatomy 16 TDS certificate, the Income Tax administration has said.



In a notice, the Central Board of Direct Taxes has said that in cases area donation is fabricated by an agent through his/her employer, a abstracted affidavit u/s 80G will not be issued for every agent as addition to the armamentarium is in the anatomy of circumscribed payment.

Nangia Andersen Consulting Director Shailesh Kumar said in abounding cases, the advisers are altruistic a allocation of their bacon (viz one day or one anniversary or one month, etc) to the PM-CARES fund, through their employers.



AKM Global Partner Amit Maheshwari said: “This is an important description as there was alarm in the minds of several advisers as to how they would get the account afterwards accidental to this blue-blooded cause. This description has fabricated availing tax account simpler for them now”.



(Disclaimer: Additional accomplishments advice has been added to this PTI copy for context)

(Edited by Kanishk Singh)

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 FREE 8+ Sample Employee Declaration Forms in MS Word | PDF - income tax form for employees

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 Sample Employee Tax Form - 9+ Examples in Word, PDF - income tax form for employees

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Last Updated: May 10th, 2020 by admin
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