Income tax query
This query is : Resolved
30 June 2015
Can anyone tell me
if a person has income from one employer for 2 months say 63866 ( no tds deducted thereon)
& income from other employer say 328168 for 10 months (tds deducted 9036)
then how we taxed our total income as after summing up both the income, our tax liability increases.
i need your sugesstions?
if a person has income from one employer for 2 months say 63866 ( no tds deducted thereon)
& income from other employer say 328168 for 10 months (tds deducted 9036)
then how we taxed our total income as after summing up both the income, our tax liability increases.
i need your sugesstions?
30 June 2015
Give the details of salary drawn with previous employer to the current employer and ask him to deduct TDS on total salary received from both employer.
Message likes :
1 times
30 June 2015
but the current employer did not consider the salary from previous employer
and the current employer deduct tds only on the salary paid by current employer
and the current employer deduct tds only on the salary paid by current employer
30 June 2015
Then you make advance tax payment and file the return.
30 June 2015
Sir it is already a belated return
30 June 2015
you can make your self to calculation of total income and taxable income and arrive the tax,and compare the tax liability and tds if tds is more then file the return online with refund, if tds is less make the difference payment with interest and file the return.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Gift Received from nonblood relative
- Management System (IMS)
- Putting a heading on received mail
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
