do all deductions have to be declared to employer for form 16 ? like i havent taken insurance but plan to take it before 31st march so i cant submit it to my employer now, will it be a problem if i declare it at time of returns ?
neha (Others) (386 Points)
12 January 2023do all deductions have to be declared to employer for form 16 ? like i havent taken insurance but plan to take it before 31st march so i cant submit it to my employer now, will it be a problem if i declare it at time of returns ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160327 Points)
Replied 12 January 2023
You can submit your proposal to invest it before 01.03.2023. It will be accepted by employer... if you can provide the proof by then..
neha
(Others)
(386 Points)
Replied 12 January 2023
they dont accept beyond the deadline which i missed 10th jan, so i was wondering if i can claim it in my returns even if not declared to the employer?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160327 Points)
Replied 12 January 2023
Yes, you can claim it directly at the time of filing ITR.
Though there can be query for that, but you can submit the proof, and justify the claim.
sabyasachi mukherjee
(26039 Points)
Replied 16 January 2023
CA LAVESH VASYANI
(CA IN PRACTICE)
(148 Points)
Replied 16 January 2023
If any deduction has not been declared at the time of tds deduction, one can claim the same at the time of filing of income tax return.
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