Kindly advise whether the following sequence is correct. Thanks much in advance.
I worked in an Higher Education organization from March 2016 to April 2017. I left in April 2017 due to very delayed payment of Salaries. Between April 2016 and March 2017 I was paid by Transfer Deposit into my Bank Account only 46.68% of Salary. After my resignation and waiting there over next 4 months (between April and Aug 2017) I was paid by Transfer or by Official Checks issued by Organization the remaining Salary of 53.32% for April 2016 to March 2017. But the Organization issued my Form 16 for FY 2016-17/AY 2017-18 showing 100% of Salary as having been paid only in 2016-17. Based on that Form 16 I filed my Tax Return online in Aug 2017 before Filing Deadline and recd a very small refund from Income Tax Dept online. For FY 2017-18/AY 2018-19 that Organization did not issue me any Form 16 although a majority of my Earnings for FY 2016-17 were recd in FY 2017-18.
I learnt later about Form 10E and its Procedure and filed Form 10E by Aug 31, 2018 and received a Transaction ID. Immediately afterward I also filed a Revised Return under Sec 139(5) for FY 2016-17/AY2017-18 along with my Original Return for FY 2017-18/AY 2018-19. I am not employed since April 2017 and hence claimed refund for AY 2016-7/TY 2017-18 based on the Form 10E by bifurcating acual amount recd in FY 2016-17 and FY 2017-18 for Salary of FY 2016-17.
In the Original Filing Return for FY 2017-18/AY 2018-19 I had not yet shown the bifurcated amount of my salary earnings from FY 2016-17 received in FY 2017-18. I just sent the Acknowledgments to CPC for both Revised Return of FY 2016-17/AY 2017-18 and Original Return for FY 2017-18/AY 2018-19 as I filed both before the deadline August 31, 2018 for FY 2017-18.
Query 1. I also prepared my Revised Return for FY 2017-18/AY 2018-19 based on amount received in FY 2017-18 of the Salary earned in FY 2016-17. and uploaded it online to IT Dept. Should I send Acknowlwdgment for Revised Return for FY 2017-18 right away? or Should I wait for Revised return for FY2016-17/AY 2017-18 to be processed and accepted favourably as per Form 10E submitted successfully on Aug 31, 2018. I am afraid I would be liable for a second time for TDS in FY 2017-18 for 52% salary amount of FY 2016-17 received again if my Revised Return for FY 2016-17 is not accepted. Pl note I already paid entire tax as TDS in FY 2016-17 although I recd 52% of that salary for FY 2016-17 in FY 2017-18.
The Organizations should have given my Form16 for 2016-17 and 2017-18 with respective amounts. But they did not. As a result I paid much more tax. Form 10E seemed to provide this Relief to tax payer.
Can you pl advise me?
CAclubindia
