Please help to fill the online ITR. Need to fill following SCH TDS1 Details of Tax Deducted at Source from SALARY(As per Form 16)
Have changed Job during the financial year and have given salary details of previous employer to new employer for tax calculation. Now am having 2 Form-16.
In AS26 form it shows PreviousEmployer Amount Paid = 478196 Tax deducted = 43000 CurrentEmployer Amount Paid = 290000 Tax deducted = 35000
Total tax deducted = 78000
In Form-16 it shows PreviousEmployer Gross Salary:478196 Income chargeable under head Salaries = 455196 Tax deducted = 43000
PreviousEmployer Gross Salary:820000 Income chargeable under head Salaries = 800000 Tax deducted = 33456
I need to know what should be filled in Income Chargeable under Head Salary column of SCH TDS1. Should I mention details of both employer like this : PreviousEmployer Income chargeable under head Salaries = 455196 Tax deducted = 43000
CurrentEmployer Income chargeable under head Salaries = 800000 Tax deducted = 35000
Or details of CurrentEmployer is only required? if yes then what will be the values in columns of SCH TDS1
03 July 2013
hi Kapil, see i have given details of salary of previous employer to current employer and in form-16 of current employer the income under head salary is 800000 (which includes the previous employers income under head salary) Now current employer has deducted 35000 only. So what should I fill in SCH TDS1 column[Income under head salary] for current employer?
03 July 2013
hi Kapil, see i have given details of salary of previous employer to current employer and in form-16 of current employer the income under head salary is 800000 (which includes the previous employers income under head salary) Now current employer has deducted 35000 only. So what should I fill in SCH TDS1 column[Income under head salary] for current employer? 800000 or actual sal which current employer gave to me.
CAclubindia
