Difference between form 26as & form

Efiling 1456 views 6 replies

Sir, In Form 26AS, Total amt paid to one salary assessee is rs.322500/- whereas as per form 16 his total gross salary is Rs.622500/- but the tax deducted is same.Now the assessee is asking for certificate from the employer on the basis of Total amount paid. whether the company should issue such certificate ?

Replies (6)

I am unable to understand your query

Hi

 

In form 26 AS total Taxable income is mentioned and Not Gross Income.

 

Thanks//VaibhavJ

i m agree with vaibhavJ if you want to file return go as per form 16
Dear Krishna sir the form 16 you mentioned may be given manually. you better ask your employer for form16 generated online.
Total gross income without deductions and receipt basis amount has been shown under the form 26as but from form 16 we can get total taxable income at the end so as far as I think form 16 is the base for filing the return of itr1 and etc. So according to form 16 we can get total taxable income.

sir follow the form 16 for filling income tax return


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