The amount of salary disclosed in "income details/part bti"
This query is : Resolved
20 July 2015
I am getting error message in ITR 2 when I save the details : If the amount of salary disclosed in "Income details/Part BTI" is less than 90% of Salary reported in Schedule TDS1
I am observing that the Total Amount Paid / Credited value is being drawn from Form 26AS when I use the pre-fill option. This value seems to be on the higher side as it does not contain my HRA, Leave encashment, Conveyance amounts. Will it be OK for me to update the TDS1 section with the numbers obtained in Schedule S, item 7?
Ideally what should be the value of Total Amount Paid / Credited in Form 26AS. Is it gross salary paid by the company or the actual salary paid by the company after considering HRA, Investment proofs, Other allowances etc?
I am getting error message in ITR 2 when I save the details : If the amount of salary disclosed in "Income details/Part BTI" is less than 90% of Salary reported in Schedule TDS1
I am observing that the Total Amount Paid / Credited value is being drawn from Form 26AS when I use the pre-fill option. This value seems to be on the higher side as it does not contain my HRA, Leave encashment, Conveyance amounts. Will it be OK for me to update the TDS1 section with the numbers obtained in Schedule S, item 7?
Ideally what should be the value of Total Amount Paid / Credited in Form 26AS. Is it gross salary paid by the company or the actual salary paid by the company after considering HRA, Investment proofs, Other allowances etc?
20 July 2015
you can very well update the TDS1 section suitably.
Message likes :
1 times
20 July 2015
Thank you. Can you also let me know what should the company report for Total Amount Paid / Credited in Form 26AS. Is it gross salary without deductions?
23 July 2015
Income tax department is silent on this issue. But wisdom suggests that it should give the figures of gross salary.
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- AY 26-27 ITR-4 FILING U/S 44-ADA
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
