Udgam Koomar (Tax Technologist) (1949 Points)
19 July 2015Hello Members, I have two querries
(a) I have form 16 from the employer but the salary figure differs as in form 16 and what is shown in form 26AS so which one should I officially use in filing returns?
(b) Last year source of incone was from two compabies a I worked in two companies in different times so can I fill ITR1 or I have to fill ITR2?
CA SACHIN
(practice)
(115 Points)
Replied 19 July 2015
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 20 July 2015
Thankyou Sachin. so if I am filling ITR1,which figure from From 16 I should consider, (a) Gross salary OR (b) Income chargeable under the head Salaries? Because ITR2 has fields to calculate net incme from gross but ITR1 does not have. Thanx
CA. Roopali Kadam
(Jobs on assignment basis.)
(1459 Points)
Replied 20 July 2015
(b) Income chargeable under the head Salaries
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 20 July 2015
Okay Roopali and Sachin, Thanx. But you dint answer my second question, if i worked in ore than one compan lst year, do I have to file ITR2 or ITR1? Any other member?
Z
( )
(2965 Points)
Replied 20 July 2015
You may file ITR-1. Note that although in ITR-2 you can see more details for calacilation but nevertheless same is applicable for ITR-1 aswell. Refer to instruction for filing the ITR
Refer page 4 for worksheet
CA. Roopali Kadam
(Jobs on assignment basis.)
(1459 Points)
Replied 20 July 2015
ITR 1
details only required if tds, in tds schedule
CAclubindia
