Hi
Most form 16 issued by companies do not have a break-up of salary u/s 17(1) - Basic / HRA etc, whereas new ITR asks for the break-up. How to resolve this and fill details in the ITR.
3 Replies
raja sekar
(1435 Points)
Replied 19 July 2019
Breakup is available in Form 16 Part B. Insist the deductor to issue part B
Lila
(Job)
(512 Points)
Replied 20 July 2019
Part B has been given. But it has break up for only perquisites and profit in lieu of salary.. Not for Sec 17(1). Any other option we have?
J S BHAVSAR
(CONSULTING)
(1288 Points)
Replied 21 July 2019
As per new rules, employers are required to issue the Form16 to employees in the new format that the department asked them to issue. For achieving this change, this year companies and employers got time upto 10 July 2019 instead of 31 May 2019. Hence, employers must provide the breakup of allowances paid in the Salary component.
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