do all deductions have to be declared to employer for form 16 ? like i havent taken insurance but plan to take it before 31st march so i cant submit it to my employer now, will it be a problem if i declare it at time of returns ?
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 12 January 2023
You can submit your proposal to invest it before 01.03.2023. It will be accepted by employer... if you can provide the proof by then..
neha
(Others)
(420 Points)
Replied 12 January 2023
they dont accept beyond the deadline which i missed 10th jan, so i was wondering if i can claim it in my returns even if not declared to the employer?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 12 January 2023
Yes, you can claim it directly at the time of filing ITR.
Though there can be query for that, but you can submit the proof, and justify the claim.
sabyasachi mukherjee
(27574 Points)
Replied 16 January 2023
The general procedure now
If any information is missing in bank they deduct tds then it's advisable file returns and claim it in the returns.
If any information is missing in bank they deduct tds then it's advisable file returns and claim it in the returns.
CA LAVESH VASYANI
(CA IN PRACTICE)
(150 Points)
Replied 16 January 2023
If any deduction has not been declared at the time of tds deduction, one can claim the same at the time of filing of income tax return.
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