Please help me
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 July 2013
hello Experts,
For the FY 2011-12 I joined a start up company which promised to pay 7.5 lks pa.Due to insufficient funds they could pay only 3.5 lks.So I did not file ITR as i was not exceeding 5 lakh tax limit.I left joined another company in 2012-2013.And my old company paid 70000 Rs outstanding salary.
Now my query is how do i deal with this? do i have to make any adjustments while filing this years ITR?
Thanks and Regards,
Sushma
For the FY 2011-12 I joined a start up company which promised to pay 7.5 lks pa.Due to insufficient funds they could pay only 3.5 lks.So I did not file ITR as i was not exceeding 5 lakh tax limit.I left joined another company in 2012-2013.And my old company paid 70000 Rs outstanding salary.
Now my query is how do i deal with this? do i have to make any adjustments while filing this years ITR?
Thanks and Regards,
Sushma
04 July 2013
I think, in your previous employment, tds has been deducted from your salary and remitted to the department.
In case, tds has been remitted as i stated above, then show your current year salary and 70,000/- as arrears of salary received in the current year itr 1
In case, tds has been remitted as i stated above, then show your current year salary and 70,000/- as arrears of salary received in the current year itr 1
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2013
Thank you so much sir
Regards,
Sushma
Regards,
Sushma
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Rental income of jointly held property
- NRI INSURANCE ADVISOR
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
