FORM 16

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

30 October 2010 For the just concluded financial year ending March 2010, I received Form 16 from my Company. It reflected Incentive paid amount171000 and tax deducted at30%. The company deposited the tax amount of 80,000 and did not pay the amount of 171000 due to me
When this was brought to there notice they said they had issued a cheque and asked me to file my returns as they would be sending the re validated cheque. As soon as I had informed that the returns were filed they just refused to send the revalidated cheque, and the same is held back and are not responding.
But does it not amount to false declaration of income in the Form 16 by the Tax head

what is the course of action I need to take as per law and can I invoke any Income tax rule for misinformation to the Tax authority by the Head of Taxation and Accounts

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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30 October 2010 You just file a police complain. this is a case of forgery. There is no role of income tax here.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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31 October 2010 In your case Income tax offical cannot do anything, you can deposit the cheque and if it is cleared ok, if returned based on returned cheque you can file complaint for returnng the cheque

Querist : Anonymous

Querist : Anonymous (Querist)

31 October 2010 For the just concluded financial year ending March 2010, I received Form 16 from my Company. It reflected Incentive paid amount171000 and tax deducted at30%. The company deposited the tax amount of 80,000 and did not pay the amount of 171000 due to me
When this was brought to there notice they said they had issued a cheque and asked me to file my returns as they would be sending the re validated cheque. As soon as I had informed that the returns were filed they just refused to send the re validated cheque, and the same is held back and are not responding.
But does it not amount to false declaration of income in the Form 16 by the Tax head

what is the course of action I need to take as per law and can I invoke any Income tax rule for misinformation to the Tax authority by the Head of Taxation and Accounts

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