Tax Payable in itr-1

This query is : Resolved 
Quick Summary
This discussion addresses a user's concern about a Rs. 16,000 tax liability when filing ITR-1. They are seeking advice on whether there are options to file with zero tax liability without future risk, or if paying the tax is the only way forward. The consensus is that if the declared income matches the AIS and Form 16 data, it's best to pay the tax and proceed with filing the return.

Profile Image

Profile Image

(Querist)
27 July 2023 Dear Sir,
Tax payable Rs. 16000 while filing Itr-1
My query is any option is available to file itr1 with zero tax liability and no risk in future or should it pay Rs. 16000?
What will be the best please guide me....
Thanks in advance..
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
27 July 2023 If the income declared is as per AIS data, pay the tax without any wait & file ITR.
Profile Image

Asif Ali

Profile Image

Asif Ali (Querist)
27 July 2023 Ji Sir. Data auto populated with form 16. And ais data....
And thanks for your valuable reply...
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
27 July 2023 You are welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member RinkuRinkuPro Member Leena RachhLeena RachhPro Member SivakumarSivakumarPro Member N.VENKATARAMANN.VENKATARAMANPro Member Sreerama ReddySreerama Reddy
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category