Two form no-16

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2010 Hi,
I worked for two organizations in the FY 2009-2010. Now I got form 16 from previous employer and current employer. I calculated total income tax liability from two forms. It works out I have to pay to income tax dept.
My queries are
• How I have to pay?
• Where I have to pay?
• What is the time line?
• Should I file IT return after paying to income tax? Or what is the procedure
Can anyone guide me about my queries?

Regards,
Ramesh

CMA RV Padmakumar.A

CMA RV Padmakumar.A (Expert)
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10 June 2010 Ask your current employer if you have taxable income,then tell them to deduct tax(TDS)they help you to file your returns also...

Shyam Lal Naik

Shyam Lal Naik (Expert)
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10 June 2010 You have to pay the tax by filing the challan no. ITNS - 280 and submit the same at any authorised bank branch with cash/cheque. Time limit is within 31st of March. You need to pay the tax before filing your return.