Salaried employees

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2014 i have submitTED ITR return last year, but this year 2013-14 MY TOTAL INCOME IS APPROX
277000 OUT OF WHICH I HAVE INVESTED 80000 UNDER NSC,LIC ETC U/R-80C

NOW PLEASE SUGGEST I HAVE TO SUBMITT THE RETURN THIS YEAR OR NOT
IF YES, THEN WHAT I HAVE REQUIRE FROM MY EMPLOYERS
1.SALARIES CERTIFICATE/STATEMENT
2.FORM NO. 12BA.U/R RULE 26A .(2)(B)
3.FORM NO. 16

AS PER MY KNOWLEDGE,FORM NO. 16 WILL NOT ISSUE B,CUS EMPLOYER NOT PAY ANY TDS AMOUNT ON BEHALF OF ME.

ONE MORE THING EMPLOYER PAY RS. 900/- TDS ON BEHALF OF ME FOR INTEREST ON SECURITY DEPOSIT AMOUNT AND PROVIDE ME FORM NO. 16A

SO PLEASE SUGGEST ME

CA Parul Saxena

CA Parul Saxena (Expert)
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16 June 2014 Yes you are supposed to file ITR as your income is above taxable limit i.e. Rs.200000 and no need to obtain form 16 as no tds is deducted.

Kailas Mate

Kailas Mate (Expert)
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16 June 2014 As perur infomattion your income will be cross the limit Rs. 2 Lakhs. so u must file IT Return in this year. With Correct fill up & mention details If u get the form 16A. Under TDS section.

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Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2014 THANKS PARUL MADAM,
PL SUGGEST ONE MORE THING,
I HAVE RECEIVED FORM 16A FOR SECURITY DEPOSIT ON INTEREST REC,
SO MAY I SHOW THIS IN MY RETURN OR NOT.

SECONDLY WHAT DOCUMENTS I HAVE TO TAKE FROM MY EMPLOYER
PL SUGGESTS

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 June 2014 yes u need to and claim refund if there is n final tax liability............

CA Parul Saxena

CA Parul Saxena (Expert)
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16 June 2014 you just take form 16a and fill your return and yes you have to claim tds on interest

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2014 thanks parul ji,
but now EMPLOYER IS NOT GIVING THE SALARIES STATEMENT WHAT CAN I DO NOW
PLEASE SUGGEST

ACCORDINTG TO SALARY SLIP MAY I ASSESSE MY TOTAL GROSS INCOME

Kailas Mate

Kailas Mate (Expert)
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17 June 2014 Yes.Kindly give details of Total Gross Income & Expenses etc

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Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2014 what is the provision for tution fees paid to my kids in school under which section we get exemption please suggest

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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17 June 2014 if its private tuition fees then no deduction allowed.

Querist : Anonymous

Querist : Anonymous (Querist)