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Salary query

Udgam Koomar (Tax Technologist) (1949 Points)

07 March 2016

March 2015 Salary was credited on 5th April 2015 and the TDS on same was not shown in AY 2015-16 but in AY 2016-17 form 26AS. Even form16 doesnot show March and every year its same so effectively 12 months salary gets complete in one FY. But my query is since both amount and TDS is shown for AY 2016-17, while filing ITR can I just follow like this or I have to show March 2015 Salary in AY 2015-16?

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Nishchal Rastogi (Accounts Executive) (59 Points)
Replied 07 March 2016

Salary to be booked in March itself and TDS on the same should be deposited till 30th April of the following previous year. Form 26AS and Form 16 should also take effect of the same for the PY 14-15.

If there is any error in Form 16 or 26AS then you may contact Income Tax Helpdesk and by making an application in this behalf you may get the error rectified.

Thanks

Nishchal Rastogi

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