Employers category in itr 2
D. B. VAGHELA (Retired DGM(Finance)BSNL) (45 Points)
14 August 2016D. B. VAGHELA (Retired DGM(Finance)BSNL) (45 Points)
14 August 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(159758 Points)
Replied 14 August 2016
BSNL is Governmental company
D. B. VAGHELA
(Retired DGM(Finance)BSNL)
(45 Points)
Replied 14 August 2016
Sir , BSNL is CPSU. Employer category in ITR 2 is for those who are in employment.Here is a case of a pensioner who retired from BSNL but is receiving his pension from Govt. of India through Post Office. So can we not tick the employer category in ITR 2 Part A General as 'others' instead of Govt or PSU ?
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 14 August 2016
Sir, the category will be "NA" as the assessee is NOT in employment, he is not getting money due to some work that he is doing curently hence he is not employed according to me.
D. B. VAGHELA
(Retired DGM(Finance)BSNL)
(45 Points)
Replied 14 August 2016
Right sir, Exactly I am of the same opinion. But In ITR 2 Part A General , one has to tick out of three categories only i.e. Govt or PSU or Others. Option 'Not Applicable' is not made available. What to do now ?
CA Harshal Totla
(Chartered Accountant)
(2224 Points)
Replied 14 August 2016
D. B. VAGHELA
(Retired DGM(Finance)BSNL)
(45 Points)
Replied 14 August 2016
In view of various/ different opinions expressed above, concluding opinion of an expert CA supporting Income tax Departmental Act/Rules is solicitated please.
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 14 August 2016
Please see the attached screenshot from current AY ITR2, it clearly states EMPLOYER CATEGORY (If in Employment) >> and you are not in employment right now. In options, you have option to mark "Not Applicable" as marked in orange arrow.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(159758 Points)
Replied 15 August 2016
When the pension is received by an assessee himself from his previous employer it shall be taxed under the head Income from salary. |
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Completely agree with Harshal.
Well said:: whether received from Governmental/PSU/Private/ any agency; department is concerned about its taxability. Any ITR never seen been rejected over employer's catagory, but for its taxability.
If taxable, has it been properly assessed or not?
We are least concern about any company and its catagory, if its not hurdle in our subjects.. That the employee who has retired from the same should know better.
On this CCI Forum platform we try to learn and discuss about subjects which matter us more. For any other matters there are abundent sites available on web
D. B. VAGHELA
(Retired DGM(Finance)BSNL)
(45 Points)
Replied 15 August 2016
Thnx Mr. Udgam Koomar for a condrete solution .
J S BHAVSAR
(CONSULTING)
(1288 Points)
Replied 01 August 2018
Originally posted by : Udgam Koomar | ||
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Please see the attached screenshot from current AY ITR2, it clearly states EMPLOYER CATEGORY (If in Employment) >> and you are not in employment right now. In options, you have option to mark "Not Applicable" as marked in orange arrow. |
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When we choose Not Applicable in employer category in ITR2, then is the taxpayer allowed to fill up Schedule SALARY?
Accounting
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