For assessment year 2021-2022 wasn't able to submit investment proofs to employer and due to this tax was deducted, hence would like to apply for refund while submitting ITR for above assessment year. Query is 1). Employer is claiming to giving form 16 in June 2022 & 31 Mar 2022 is last date for filing ITR, need suggestion on this. 2). While applying refund in ITR do we need to show proofs as we show to employer ? 3). Any suggestions in this suitation to take care of action required so that my refund is returned appropriately.
2 Replies
Ashok kumar
(CA Final)
(592 Points)
Replied 28 February 2022
You can claim the refund by filing IT returns, the time limit for filing with penalty will be 31st March 2022.
No need to submit the proofs with the employer,
Keep the proofs in safe, if AO asked in future you need to submit the same.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 28 February 2022
Kindly confirm the Assessment Year.
You have quoted 2021-22 AY for which ITR filing deadline is already over
If you are talking about latest year then wait till you get form 16 & file ITR for refund by considering the deductions which were missed in form 16
You have quoted 2021-22 AY for which ITR filing deadline is already over
If you are talking about latest year then wait till you get form 16 & file ITR for refund by considering the deductions which were missed in form 16
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