Belated return with tax payable

Jyothis (Article) (1127 Points)

29 March 2016  

1) Can one file/Upload Belated ITR with tax payable & pay as per ITR within a week.(within same month So that interest payable will be same)

2) Can employee claim all deductions as per Form 16 issued by employer.

Instance :

FY 2014-15

Form 16 Deductions - HRA exemption,medical exemptions,80C , 80D ,87A

Taxa was paid by employer u/s 17(2) & balance of tax payable was Rs.872

3)Now can employee file income tax return with details as per form 16 & claim extra deduction u/s 24:Being interst on self occupied property.