Income tax deduction

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 May 2014 Hello, I am Sanjeev Kumar. My monthly salary is Rs. 20000/- but employer asking for deductions certificates till 31 May 2014 otherwise they will deduct my income tax while I have earned only Rs. 40000/-(April and May) from that institute and they are deducting income tax for the FY. 2014-15. I have 10 more months to earn salary. please suggest me what to do.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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21 May 2014 i believe your employer is asking for income tax declaration which includes the proposed investments under 80c etc during the year.

please confirm with the employer what he actually wants.

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