in 26 AS salary part no tds deducted but amount show in 38900/- credited/payment's column.
income already taken in computation.
kindly suggest how to treat in Itr-1
Regards
5 Replies
Sumat Sethi
(CPT)
(63 Points)
Replied 19 July 2018
Nothing to worry about as salary of 38,900 does not attract TDS. In ITR-1 you report the amount you have received in your bank account under Income from Slaary2. It can also be more than what is being shown in 26AS. Show your interest income from bank in income from other sources claim the reapective VIA deductions and file.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185339 Points)
Replied 19 July 2018
Declare the salary income of Rs.38900/- (along with any other salary income) under salary head in ITR1.... for assessment.
Sumat Sethi
(CPT)
(63 Points)
Replied 19 July 2018
Nothing to worry about as salary of 38,900 does not attract TDS. In ITR-1 you report the amount you have received in your bank account under Income from Slaary2. It can also be more than what is being shown in 26AS. Show your interest income from bank in income from other sources claim the reapective VIA deductions and file.
anand
(accountant)
(96 Points)
Replied 19 July 2018
can take medical deduction of RS. 3600 in exempt income 10(14) ii
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185339 Points)
Replied 19 July 2018
Yes, if reimbursed by employer..
Recent Topics
- Loss adjust
- GST registration -rent Agreement
- Study partner for CA Final- Jan 26
- Sir, ITC is not showing in GSTR-3B, what to do
- Capital Gains on Industrial Property...
- While making correction in form-26QB getting - Maj
- Late interest penalty of missed invoice forgot to
- LONG TERM CAPITAL GAIN ON HOUSE
- WOS in Mauritius, LRS,Accounting
- AP of Business under gst
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
