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16 no sec
Dear experts, "Tax on employment under section 16(iii)" where I show in my ITR. BECAUSE AS PER FORM 16 Total salary received from current employer 1279419/- 50000/- standard deduction & 473923/- showing in tax on employment under section 16 (iii). Pls suggest where I show in itr 1. As per form 16 473923/- amount less in 1279419.
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In summary, the deduction for professional tax is reported within the salary schedule of the ITR under Section 16 deductions, provided you have opted for the Old Tax Regime.
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