Friends
I am a retired govt, employee. My total taxable salary for the AY2011-12 is Rs.272457 and I have remitted a tax of Rs.3343/. Is it necessary to file IT return for the AY2011-12? Pl. clarify
Jagatheesan
Jagatheesan (not applicable) (30 Points)
11 July 2011Friends
I am a retired govt, employee. My total taxable salary for the AY2011-12 is Rs.272457 and I have remitted a tax of Rs.3343/. Is it necessary to file IT return for the AY2011-12? Pl. clarify
Jagatheesan
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 11 July 2011
your tax is remitted ( other than TDS under form 16), so you have to file your ITR
Tushar Arora
(CA Finalist & Article)
(179 Points)
Replied 11 July 2011
yes sir,file your return before 31-july..
RONAK DARJI
(CA FINAL)
(382 Points)
Replied 11 July 2011
As per my opinion you should file return because of following factors..
1.Tax is remitted,
2.Tax is collected by Govt,
3.Evidence or Proof you reqiured for future reference.
So,after cosidering the above reason,you should file return for the sake of your Evidence as well as for the purpose of appling loan you must possess 3years IT return.
Finally,I request you to file return and get copy of Acknowledgement of ITR-1 from IT department.
Srinivas Maddineni
(Accountant)
(47 Points)
Replied 11 July 2011
Yes Sir,
It is also useful for u, why because the tax also deducted in ur salary. The due date of return filing is 31-july of this month..
CA Mukul Mittal
(CA in practice)
(384 Points)
Replied 22 July 2011
sir,
in my opinion, to make ur money white, in case ur Form 16 lost, and to avail Loans from bank, u r suggested to file the return.............