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
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Querist : Anonymous
Querist :
Anonymous
(Querist)
08 July 2013
Thank you so much sir
Regards,
Sushma
Regards,
Sushma
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