filling detail in Form 16
This query is : Resolved
Rajkumar Maheshwari
(Querist)
02 July 2008
I am preparing Form 16 of a person who was employee of the Co. for the period from 01.04.2007 To 31.08.2007.
his total salary for that period was Rs. 181000/-. The TDS deducted Rs. 1000/- ag. his salary., at this time a have no details of his Deduction U/s 80 C, LIC, House Property Loan, H.R.A., etc.
what should i do in this case. please tell me the way to fill up Form 16 in this case. when I dont know about their deduction amt.
his total salary for that period was Rs. 181000/-. The TDS deducted Rs. 1000/- ag. his salary., at this time a have no details of his Deduction U/s 80 C, LIC, House Property Loan, H.R.A., etc.
what should i do in this case. please tell me the way to fill up Form 16 in this case. when I dont know about their deduction amt.
02 July 2008
First take details of deductions & other sources of Income from the employee. Then calculate the Income tax & deduct TDS accordingly.
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