27 October 2014
Dear Experts,
This is the case of an employee where mistake had committed by my company. Please advice:
Salary Due Rs 150000.
Salary Paid Rs 50000.
Tds deducted on Salary due Rs 21700.
Amount shown as paid in Form 16 PartA Rs 200000
Amount Shown in Form 16 Part B 150000
In my opinion, since salary paid is Rs 50000, in return it should be shown as Rs 50000(amt paid). But auditor advised it to be Rs 150000(amt due in books).
Employee want the company to revise the return. If i revise the return, should i revise the quater in which salary was due or should i revise the annexure 2 filed in quarter 4..please help on urgent basis
Thanks in advance
27 October 2014
Thanx for soon reply sir... Employee has left the company and worked for 1.5month.. Rs 50000 is of september which has been paid. Rs1lakh is of october which is not paid but tds is deducted. Now do tds returns of both quarter 2 & 3 need to be revised or revising the annexure 2 of quarter4 would serve the purpose...??
CAclubindia
