banner_ad

Acutaul Income shown

Tax queries 250 views 4 replies

Suppose Mr A Earning Groos salary 2,30,500.00 for the F.y. 20-21 from XYZ  Company. For this F.Y (20-21) purpose XYZ Company deduction PF 19320  & PTax 1560.00 from Mr A salary  and XYZ Company also itself paid PF 20930.00 to Mr. A  EPF A/c  .  Mr. A also earning  as per (PF Statement) Rs. 12100.00 Yearly  Interest from EPF .

Please Calculate  Actual Income which show in Income tax.

Replies (4)
Show actual salary received under ITR and P.tax deducted should also be shown
Please refer form 16 issued by your employer or employers to you.

For interest amount, please download interest certificate or ask your bank to issue interest certificate of all accounts.

form 16 amount is reported by your employer to IT department and interest amount is reported by banks to IT department.

Both these figures will be final unless there is any mistake by your employer or bank

1) INTEREST AMOUNT RECEIVED FORM  EPF ACCOOUNT NOT ANY BANK. AGINST ANY FIXED DEPOSIT.

2) . MR A. WILL SHOW IN HIS INCOME AFTER INCLUDING COMPANY PF CONTRIBUTION PART ?

 

Please refer form 16 issued by your employer or employers to you.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details