13 July 2015
Hi, I am working in pvt ltd company. I had received few days Mar-14 salary(arrears) in Apr-14, Since this income was received in Apr-14 so not included in form 16 and also at time of filing return for AY 14-15. Now my employer has added arrears in current year's earning(FY-14-15) in form 16. Since my current years tax slab is high so higher TDS is deducted for arrears, now I want to re-claim additional paid tax as part of TDS in current year. Could you please help me in below queries: 1. Shall I fill form 10E and get signed from my employer -> calculate difference of paid tax due to higher tax slab in current year -->put that tax amount in ITR under u/s 89 ? 2 Is this form 10 should be uploaded anywhere or sent along with ITR-V?
First of all for all income that you earn is taxed. your query of arrears received in this year and filing of 10E may not help The employer would have filed his Form 24 and cannot modify the same now.
If not, you can update the same on ITR with all needed details
13 July 2015
Thanks for quick reply. My employer has included Income(FY14-15)+arrears(FY 13-14) as earning of FY 14-15 and already deducted TDS. They have not informed me anything else. So as per your details mentioned in your comments I should not ask 10E because I can not reclaim..Am I correct?
CAclubindia
