29 January 2013
As per my father's 26AS shown on efilling (TRACES)website the amount credited is Rs 267000 and the TDS deducted is 9200. But as per 16A, gross salary is 370000, net salary is 271000 and the amount of TDS deducted is same i.e. Rs 9200. What should be filled in as salary while filling ITR? (fig. are approx & he is a govt emp) Kindly help.
29 July 2013
Fill as per 16A and claim the balance as deduction exempted as mentioned in 16A otherwise your tax liability will be more if show only the gross figure without deduction of exempted salary while filing your return online.