TDS Deducted by Employer based on investment declaration from employee in the beginning of the year but in the middle of the year employee left the job and he has not provided any investment proof. in this case is there any penalty on employer for deducting tax based on investment declaration given by employee? In any way employer will be responsible for short deducted or excess deducted of tax based on investment declaration given by employee.
Answer nowHello Sir/Madam,
An individual has the following details for FY 2014-15:
1. Gross tax liability: Rs.70938/-
2. Relief u/s 89: Rs.50755/-
3. Total income tax liability: Rs.20183/-
4. TDS: Rs.26199/-
5. Refund:Rs.6020/-
His only fault is that he filed his income tax return ITR-1 late in March 2017.
Is he liable to pay interest u/s 234A, 234B and 234C.
I strongly believe that is he not liable to pay interest under any of these sections.
Please reply as soon as possible.
I have filed income tax return of previous years but forgot to claim tds deducted in those years. Can I claim tds deducted in those years in the ITR of Ay 2017-18??
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Answer nowMy father needs to change his name in Pan Card. His name is Shailendra Gupta but in Pan they accidentally made it Surinder Gupta. His Aadhar Card and all school, college certificates are under Shailendra Gupta. How can he change name in Pan?
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Answer nowHi, my query is whether the employer who provides perquisites like rent free accommodation, credit card etc is eligible to deduct the same in his return?
Answer nowDear Sir,
If a person was unable to link aadhar number with his PAN within 30th June'2017 in Income Tax Portal, can he do the linking process in July'2017 or not.
Thanks,
Abhishek.
Hi !
I am Government employee. our office have deducted advance tax from my salary about 10000. When I have tried to file ITR-1 on 23th June....It was showing that I need to pay more 170 as per my total income. So I have paid Self Assessment Tax 170 online same day and filed ITR-1 but in that form it was showing 170 Remain to pay. I have paid it but it was not appear that day on income tax site....Now in status its showing that I have paid but in my ITR-1 it's not showing....I need to file revised form or I don't need to do it ?
Thanks
can I fill 3 year old tax return today. if yes how?
How banking system verify tax return???
TDS Deducted by Employer based on investment declaration from employee