17 May 2009
A Civil Engineer working in Construction Co. receives the cheque(Amounting Rs. 22,000/month after deducting Professional Tax)from the co.(and sister concerns)against the salary .
However Tax is not deducted. Now the employee has to file return of Income.But he won't receive Form 16(which is quite obvious)from the company nor the company provides monthly sattement giving the break up of salary(basic,conveyance allowance....)
If the Income is calculated based on the salary breakup specified in the appointment letter,is it valid?
If yes, is there any need to submit any proof along with the return?