income tax category

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 March 2010 HI SIR,

I AM WOKING IN A PVT FIRM ( PVT LTD VEG EXPORTING CO)SINCE 1992,AS AN ACCOUNTANT.ITS THE ONE & ONLY BRANCH OF MUMBAI REG COMPANY. INSTEAD OF THE EXPORTING CO THE EMPLOYER HAVE ONE ONTHER FIRM - IATA REG FREIGHT FORWARDING AGENT -ITS A PARTNER SHIP FIRM, AND THE AC OF THIS FIRM ALSO HANDLED BY ME. AND I HAVE GETTING SALARY OF BOTH OF COMPANY SEPERATLY - 5000 EACH.

FROM PVT LTD CO IAM NOT GETTING ANY ADDITIONAL BENFITS, ONLY THE BASIC SALARY. I WELL AWARE THAT LEAGALLY THE EMPLOYER GONE THROUGH A WRONG WAY, BUT HE TRATED AS ITS A SOLEPROPRIETOR SHIP.THIS IS NOT ONLY MY PROBLEM, BUT NO ONE CAN GET ANY ADDITIONAL BENFITS FROM THIS BRANCH.AND MORE OVER THAT, THERE IS NO SUERTY/SECURITY FOR OUR JOBS, WHEN THE EMPLOYER WILL DECIDED TO STOP THE CO FROM HERE, WE HAVE NO OTHERWAY BUT TO LEAVE FROM HERE WITH OUT ANY QUERY.

MY ACTUL PROBLEM IS THAT, NOW I AM WISH TO TAKE THE PAN NO, AND SUBMIT MY REURNS REGULARLY. BUT I HAVE LOT OF DOUBT ABOUT THIS.

1) IS I AM CALCULATED MY INCOME FROM SALARY ?

2) IF YES, HOW CAN I SUBMIT THE FORM 16.

3) IF IT IS NOT UNDER THE HEAD SALARY, THEN IN WHICH HEAD I AM SHOWN MY INCOME FOR INCOME TAX PURPOSE.

4) IF I AM GETS ANY OTHER INCOME, LIKE DAILY WAGES, COMMISION - NOT REGULARLY - FROM ANY WAY, IN WHAT HEAD I SHOWN THESE INCOME.

KINDLY HELP ME BY ANSWEING THESE DOUBTS.

BY

GIREESH.A.M
CALICUT - KERALA.
amgirish@rediffmail.com
09847515950

CA. Deepak Narula

CA. Deepak Narula (Expert)

25 March 2010 watever u receive from employer by watever name called will be taxed under head salaries keeping in mind the particular exemption or deduction available.

the form 16 will be given by ur employer and there is no need to submit this form with the department. even if ur employer doesn't give form 16 (bcoz u doesn't come under TDS provisions) u can file return of income.