Hi
My annual salary is 9,60,000 plus Rs 1600 monthly transport allowance. Now my employer has issued me Form 16 with total payment of Rs 9,79,200, as credited to my account. While 26AS also has the same amount paid to me. My employer while filing 24Q annexure II, has also mentioned net taxable salary paid to me Rs 9,60,000. There is no coloumn in 24Q annexure II to report non-taxable allowance.
Therefore my taxable salary total is Rs 9,60,000. But while importing 26AS data into ITR 1, it is taking the taxable salary paid as Rs 9,79,200, automatically on income tax website.
But, my taxable salary is only Rs 9,60,000; which I should be filing in ITR 1. My concern is, will I get a IT notice / order for demand for mismatch or showing less income?
CAclubindia
