Salary return
Manpreet Kaur (Student Others) (396 Points)
24 July 2016Manpreet Kaur (Student Others) (396 Points)
24 July 2016
Manpreet Kaur
(Student Others)
(396 Points)
Replied 24 July 2016
Sir kyi baar kuch amount credit bhi nhi hoti na g 26As mein..because form 16 mein salary amount jyada hai g comparative to 26 As to bhi 26As ke accordng krdun sir g???
PARSHANT GARG
(ca final)
(28 Points)
Replied 24 July 2016
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 24 July 2016
normally form 16 daya is understood good as in ITR form as well its clearly written - data as per form 16 - so first try to make sure both are same, 10% variation is not a big deal. If form 26as is not updated wait for it to get updated, coz when the ITR is assessed, IT deptt goes by what is mentioned in 26as. If you cannot wait, file as per form 16 which first you have to make sure is genuine and fully correct and updated coz later if you have t explain, you have stamped signed form16 as proof.
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 25 July 2016
In case of salary, many times amount shown under amount credited column in form 26AS is lesser than amount visible in form 16. But the real income is as per form 16 only. This figure of form 16 is also mentioned in 24 Q4 TDS return. So Its always better to file return as per actual income and that is shown in form16 only.
Note- here i am talking about amount credited / paid only, not about TDS figure.
The same will prevail for other than salary income also.
Thanka
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 25 July 2016
In case of salary, many times amount shown under amount credited column in form 26AS is lesser than amount visible in form 16. But the real income is as per form 16 only. This figure of form 16 is also mentioned in 24 Q4 TDS return. So Its always better to file return as per actual income and that is shown in form16 only.
Note- here i am talking about amount credited / paid only, not about TDS figure.
The same will prevail for other than salary income also.
Thanks
vishnu bhardwaj
(Tax Advocate)
(212 Points)
Replied 25 July 2016
Dear Friend,
Please find the ITR as per my knowledge from Form no. 16 because of form no. 16 is bifurcation of your Income and Deduction, but in 26 as shown the income after deduction and tds deduct after dedcted income,
so i advice to you file itr from form no. 16.
but please check the form 16 tax payble and 26 as tds
Rahul Joshi
(Student)
(45 Points)
Replied 25 July 2016
File your return as pper Form 16 and clim TDS accordingly.
Also request your employer to revise TDS return if TDS amount is missmatched in Form 26AS.
Ronak Chauhan
(working in CA FIRM)
(25 Points)
Replied 25 July 2016
Dear Sir,
IN ITR 2 INCOME EXCEEDING MORE THAN 1 CR THEN DSC IS COMPLUSORY WHILE FILLING FORM ?
Kindly revert me asap.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178301 Points)
Replied 25 July 2016
No. Only in case of ITR 4 where Audit u/s. 44AB is required, its mandatory.