02 July 2014
Hi Everyone, I am having an issue with my previous employer for not revising the form16 ( I have worked there for two month in Financial year 2013-2014). He has issued a form16 with incorrect amount where he shown ‘House Rent Allowance’ is Taxable Amount while it was exempt. He has not considered my Rent slip. When I contacted my previous employer, Payroll department is refusing to revise the Form-16 as they are saying that it cannot be revised. I am not saying to reverse the deducted tax amount but Taxable Income should be revised due to HRA in form-16. Please let me know whether Form-16 can be revised or not.
05 July 2014
If the TDS return altered and filed by the Employer as per your query, then the (revised) Form16 can be downloaded from TRACES with the changes. Ask them to file the same.