25 March 2014
I am a male, and I work in a private limited company, I receive Rs.12000/- CASH (Rs.156000/-P.A including bonus), as salary per month, no Prof.Tax, PPF, ESI is deducted from my salary, and other income (tuition fee etc Rs.35000/-p.a)
If I show Rs.1,56,000/- as salary income in my ITR, is there will be any problem, as P.Tax as applicable on Salary exceeding Rs.7000/- + Can ITO ask me, about it...please reply Thanks & regards
CAclubindia
