banner_ad

Actual Salary and Form 16 discrepancy

Others 407 views 5 replies
My father's organisation considers income from March of calendar year to Feb of next calendar year for the purpose of salary income of employees for form 16 purposes. My father has filed considering the income as per above income in f.y. 2021-22 and 2022-23. however, income in 2021-22 and 2022-23 were around 4.80 lakhs and shortfall in income considered is only 4k each year. But he retired in f.y. 2023-24 in the month of feb-24, and now his total income comes around to salary of 12 months of salary income, due to inclusion of march-23 salary in form 16, resulting in higher fig. in ais, 26as where in actuality it's only salary of 11 months. this has resulted in unnecessary tax on this year's income. the organisation is not co-operative as to revise the tds return on their end. how should I proceed. will I be able to resolve this issue with dept by just filling a response to the defective notice issued.
Replies (5)
File ITR as per AIS report.
But I will have to pay unnecessary tax of rs. 25k
Then file Feedback in AIS after login. If accepted, good; otherwise no option.
The current form 16 contains a section in part A, where the summary of monthly salary considered is given, it's clearly visible over there that salary of march-23 is considered, I was thinking of using it as my base for replying to any notice that may arise. Will it be of any help? meanwhile, I will also try the AIS feedback option.

Without change in AIS for total salary, your ITR will be defective, if data altered. So, get it rectified first.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details