Itr 1- salary income & exemption

Jyothis (Article) (1127 Points)

24 July 2016  

In ITR-1, no colum was found to enter Value of perquisites u/s 17(2),Allowances Exempt u/s.10 and Tax paid by employer.

So can show net of Salary as Income from salary in Income details to tax payable as per Form 16 Part B.

So it will be like this -

in ITR

Income Details sheet - Income from salary as 5,42,405.00 (To adjust my tax payable as per Form 16B) &

TDS Sheet -Details as per Form 16 is 5,06,255.27 (Amount credited as per 26AS) & TDS    Rs.  24,250.00

However as per Form 16 part B-

Income chargeable under head salary is Rs.5,96,980/ & Tax payable by employee is Rs.23230/- However as per 26AS it is Rs.24,250/-.

Can i claim excess tax deducted shown in 26AS as refund, Tax paid by employer Rs.8270/- is not shown in 26AS & no column is found in ITR.

So can i adjust Salary income in  ITR in a way tax payable as per Form 16B matched and ITR.