Basically, I need your support & guidence.There is one senior citizen (60Yr +) in my family. he retired in FY 2017 mid year from his company. unable to fill income tax return some personal reasons. now getting message to file the return FY 18-19.
But in FY 2018-2019 company also reimbursed few amount (which not reimbursed in retirement year) & charged TDS on it Rs 89,780 & issued forum 16-B (Annexure) Rs 8,41,324 after standard deduction Rs 40,000/-.
Apart from it, Bank has deduct TDS on his Fixed deposites (Retired money) interest incomes TDS 10,925.6 on Gross Receipts subject to Tax 1,09,256 due to (Not Declared 15 H)
In SBI, declared 15H although this bank also deduct TDS 4,228 on Gross receipts INR 1,53,113.00.
I am unable to calculate proper tax calculation.
Could you please help me to find out the exact tax amount along with penalty if Occur & also confirm SBI bank charged less TDS amount