POSTED BY August 19, 2011 10:55 am ONE COMMENT
ONHi All,
Couple of questions?
1. With Form 16 being filed and on receipt, we will have Saral Form(Form 2d). Should I retain Form16, when I have Saral Form with me? If yes, then why?
2. How many years latest Saral Form/Form 16 needs to be retained?
Please add more details.
Thanks
Sunil Kumar
2021 © Jagoinvestor.com All Right Reserved
Dear Sunil, One should keep at least past 6Y’s Form 16 & ITRs with him/her. The income tax rules for scrutiny/search of old cases stipulates this 6Y guideline.
Thanks
Ashal