Compulsory submission of chapter vi-a deductions to employer
This query is : Resolved
17 March 2018
Is it compulsory to submit proof of Chapter VI A deductions to employer. I have business income in addition to income from Salary and I would like to avail deductions against my business income. The notice on e-filing website says that income and deductions claimed must match the Form 16. Does this mean that deductions can be claimed only through the employer if we have taxable salary?
18 March 2018
As per my view.,
If the employer ll deduct your deductions then you ll show the details to Employer...
If you don't want deduct then you can avail the deductions yourself in your ITR.. But, Dept ask the details of the mismatch, You revert after the Notice from ITD...
18 March 2018
The word used in rule 26C is 'shall'. Therefore, it can be interpreted as not
mandatory.
mandatory.
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