Multiple Form 16s
This query is : Resolved
27 July 2009
Respected team,
Could someone help me in how multiple form 16's for an year be used to see if additional tax needs to be paid or not.
Appreciate if you can send me or lead me to a tool which can do this.
Could someone help me in how multiple form 16's for an year be used to see if additional tax needs to be paid or not.
Appreciate if you can send me or lead me to a tool which can do this.
Maninder Jain
(Expert)
28 July 2009
Hi Kanchan,
First you add all incomes mentioned on form 16s. Just compute tax as per the assessee catagaro slab. From the tax so arrived, deduct the sum of all TDS deducted. If further there is any Tax liability, you have to pay. In otherwise case, you may claim refund
First you add all incomes mentioned on form 16s. Just compute tax as per the assessee catagaro slab. From the tax so arrived, deduct the sum of all TDS deducted. If further there is any Tax liability, you have to pay. In otherwise case, you may claim refund
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