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Commssion income included in form16

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11 July 2012 pls can anyone suggest if a salaried person received commission on share trading that commission amt included in form16 or not
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11 July 2012 If the employee declares such income to his employer, the employer can consider the same while computing TDS and can show in Form 16.

11 July 2012 If commission is received to you from employer then recorded in Form 16 otherwise Form 16A if TDS has been deducted on commission on share trading.
Notes: Assumed that commission received to you from other than your employer. will not be included in Form 16.


11 July 2012 if a salary person not show income to his employer & but tax deducted on that commission & he claim refund through form16a issued frm whom commission got its k. also reply which itr form applicable him to itr 2 or 4.

11 July 2012 ITR-1 ( for salaried/IOS/IHP
ITR-2 (For Individuals and HUFs not having Income from Business or Profession)
ITR-4 (For Individuals and HUFs having income from a proprietory business or profession)

yes he can claim refund(if exists)
Form 16 is only for salaried head income.
Form 16A is for other than salried head income.ITR 2 will be filed for salaried income/ IOS i.e commission for the above case

11 July 2012 k thax rahul sir



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