Regarding tax filing and error in Form 16

Tax queries 818 views 4 replies
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xyz
24 Points Joined April 2011

I had declared my house property's loan interest for Tax deduction for the year 2010-2011. 

But the possession of my house got delayed and now we didnt get the possession by March 2011.

But in the Form 16 that my company gave, i have already got deduction for the housing loan interest amount.

Now i want to pay additional tax and remove that deduction being shown from Form16. So how

can i pay that additional tax to india govt. I guess company will not change the Form 16 now bcoz

MArch 2011 salary is already paid. So only option is i have to pay the taxes directly to govt . What should

i do for that ??

 

 

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On 15 April 2011 at 23:13 Report
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glidor@gmail.com
21068 Points Joined January 2010

even if march salary is paid, company can help u to revise form 16

if they dont, then u have to pay thje taxes as self assessment tax and file ITR

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On 15 April 2011 at 23:17
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ACCOUNTANT
21 Points Joined January 2010

I required Form No. 16 for the Assessment Year 2011-2012

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On 29 April 2011 at 18:19
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Sr. Manager
617 Points Joined April 2011
The company will not accept to pay the differential tax and issue a fresh form 16, as there is an interst liablity on them. you could pay differiential tax in any of the banks and file the same in ITR
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On 29 April 2011 at 18:27
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TAX CONSULTANT
332 Points Joined July 2009

I AGREE WITH MR. PRASAD

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On 29 April 2011 at 19:04


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