Question:

Explain the following , advance tax. TDS and self assesment in I T return form.and how sould i file return?

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I requested to my employer to deduct my income tax in advance per month . and that was deducted from my salary up to february 08. after deducted that amount the some tax was balance to pay up to march 08 .and that was not deducted by the employer.and in june08 i was verbaly told that your tax was not deducted from your salary due to mistake so you are to pay immediatly so that we issue form 16. i have deposited the same in my office ,now the form 16 issued to me showing the same amount to pay and the office said we can not show this. now i am facing problem in filing it return so how shoud i show the balane tax that was deposited by me in my office in I T return. I have only issued a reciept by my office of said amount. and office is not showing balance tax( paid by me in june ) in form 16.this is a govt. office.

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4 ANSWERS


  1. This is India Income tax question.

    You don't submit Form 16 with your return. Only information you need is TDS deducted and deposit dates.

    Just complete your tax return Form 1TR-1 or ITR-2. Enter the TDS amount deducted. Also enter the tax paid. You will not have any problem.

    Read:

    http://mytaxes.in/index.php?topic=32.0


  2. consult an auditor

    try,  muthu_mi@yahoo.co.in

  3. no i dont want to anser it

  4. Advance income tax payable twice in a year on the amount of net income or accrual business income. twice a year.

    TDS is tax deducted at source, it is by the payer or the employer, who deducts the tax, even before it is paid and a certificate of deduction is issued.

    You can file your own income tax return, based on the income.

    I suggest you to consult an auditor in this regard.

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