28 July 2015
Dear Sir, An assesse had worked in two private companies during the F.Y. 2014-15 but the second company has not deducted any TDS because he had worked for only two months but the problem is that in ITR-1 sheet 1 for income details under the head income from salary/pension he has given total Rs.5.00 Lac (1st company Rs. 4.50 Lac and 2nd company Rs. 0.50 Lac) but in the sheet 2 for TDS where there is details of Tax Deducted at source from Salary (as per form 16). For your convenience I am giving the detailed break up as for example: TAN No of Employer HYD----- MUM----- Name of Employer 1st Company 2nd Company Income under Salary 4.50 Lac 0.50 Lac Tax Deducted 0.09 Lac 0.00 Lac My query is can he give tax deducted as Rs. 0.00 Lac in that column because he want to match Rs. 5.00 Lac given under the head income from salary in 1st sheet and in 2nd sheet income under the head salary. Please tell can it possible or he will show only the 1st company which has deducted TDS and whether there will be any problem because 1st sheet showing salary Rs. 5.00 Lac and 2nd sheet under the head income from salary showing Rs. 4.50 Lac as because 2nd company has not deducted any TDS. Please help what should be done so that there will be no future problem from I.T. Deptt.
28 July 2015
Dear Sir, I understood what you have told but my query is can I give Rs. 0.00 Lac in the column of Tax Deducted in sheet TDS where there is details of Tax Deducted at Source because the second employer has not deducted any TDS during the year.
28 July 2015
Then no need to give details of any TDS from 2nd second employer. Give TDS details only from 1st employer but do include the salary received from 2nd employer.
CAclubindia
