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Get the free Form 16 Certificate for Applicants (Individual or Director Approval). Form 16 Certif...

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Registrar of Mortgage Brokers Suite 2800, Box 12116 555 West Hastings Street Vancouver, BC V6B 4N6 MortgageBrokers FICOBA.ca FORM 16 CERTIFICATION FOR APPLICANTS CERTIFICATION of INDIVIDUAL APPLICANT
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Form 16 certificate is a certificate of TDS issued by an employer to its employees as proof of tax deducted at source.
Employers are required to file form 16 certificate for their employees.
Form 16 certificate is filled out by the employer with details of TDS deducted and income earned by the employee.
The purpose of form 16 certificate is to provide employees with a summary of their taxable income and TDS deducted.
Form 16 certificate must report details of income earned, TDS deducted, and tax payment details.
The deadline to file form 16 certificate for in 2023 is typically May 31st.
The penalty for the late filing of form 16 certificate is Rs. 100 per day of delay under section 234E of the Income Tax Act.
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