How to fill tds sechedule 1 in itr 1

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Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2011 sir i want to know in ITR form 1 in TDS schedule 1 what amount we should fill in coloum "income chargeable under the head salaries"
1. income received from salary after giving chapter VI deductions
OR
2. income received from salary before deducting chapter VI deductions

i have this confusion because TDS which we fill is next coloum is calculated on income after giving chapter VI deductions whereas in form 16 amount "income chargeable under the head salary" is given before giving chapter VI deduction

please help me quickly

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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30 July 2011 Income chargeable under the head salaries means the salary income after considering all the exemption under head salaries and before deduction of Chapter VI

So you need to fill the taxable salary before deduction of chapter VI

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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31 July 2011 Take the data as appearing in details of 26A of your TDS in your account and fill up that to match with the salary so that if there is any refund you can get it on urgent basis.

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