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IT notice

655 views 23 replies

Rajesh.S

Accountant

107 Points Joined September 2007

I got notice from IT
department for not disclosing my interest income on my Return
what should I do now?

Replies (23)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209836 Points Joined July 2016

Check if you have any interest income, other than sav bank account interest.

If no other income, but sav bank interest, reply accordingly.

May be you have to file revised return.

RAJA P M

"Do the Right Thing...!!!"

128121 Points Joined January 2015

Yes... I agreed to Mr Dhirajlal Rambhia Sir reply...

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209836 Points Joined July 2016

Seen you ........ after long break !!!

RAMAKRISHNAN R

INCOME TAX OFFICER

1736 Points Joined February 2014

if you have actually received interest income, then file revised return disclosing interest income

RAJA P M

"Do the Right Thing...!!!"

128121 Points Joined January 2015

Good Morning My Dear Mr Dhirajlal Rambhia Sir...

Yes Sir... You are correct...

I'm Happy with Seeing You after a long time...

Good Luck and Enjoy in KVO Merau Kutchh... 😍😍😍😍😍

PUSHP KUMAR SAHU

CA FINAL ASPIRANT

3115 Points Joined September 2018

revise the return with correcting the defects and disclosing full income

S ELAVARASI

ACCOUNTANT

2975 Points Joined August 2017

Originally posted by : Dhirajlal Rambhia
	Seen you ........ after long break !!!

Sir., Good evening Sir... Can You give FORM-16 format for the FY 2018-19...

Read more at: https://www.caclubindia.com/profile.asp?member_id=1648935

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209836 Points Joined July 2016

step-by-step-procedure-to-download-form-16/16a-from-traces

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209836 Points Joined July 2016

How-to-generate-form-16?

S ELAVARASI

ACCOUNTANT

2975 Points Joined August 2017

Sir.,

Thanks for the uploading files...

When will give Form 16 to employee AY 2019-20...? Salary as per following

Mr A - Rs. 350,000 - No TDS (After deductions)

Mr. B - Rs. 350,000 - TDS Rs. 1000

Mr C - Rs. 240,000 - Less than BEL...

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209836 Points Joined July 2016

For employee A & B you have to file 'File Format for Salary TDS File - Form 24Q - Q4 (Version 6.1)' for the forth quarter; so that form 16 can be downloaded from TRACES. [The excel file is not getting uploaded here, but you can download it from TRACES]

For employee C you can give 'salary certificate' which is equivalent to 'Nill TDS certificate'.

Actually it is easier to use any ready-made software for such job.