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Filing It Return

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45 Points Posted on 12 September 2020
i received 15000/- PM as salary in FY 2019-20 in form of cash,
can i show my salary as 29,000/-PM while filling IT return "Form 1"
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On 12 September 2020 at 16:12 Report
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93 Points Posted on 12 September 2020
I guess that will depend upon form 16
whatever is your gross salary there , you'll have to show
1 Reply
On 12 September 2020 at 19:36
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45 Points Posted on 12 September 2020
No tds deduction in my company
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On 12 September 2020 at 19:59
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574 Points Posted on 12 September 2020
Although it is wrong to show what you get and not showing properly in your ITR, still you can show your salary 25k per month as your income is much less than that which is not liable to tax.
Again I am saying it is wrong.
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On 12 September 2020 at 20:13
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45 Points Posted on 12 September 2020
But under section 87 there is rebate isn't it
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On 12 September 2020 at 21:34
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Chartered Accountant
412 Points Posted on 12 September 2020

yes you can avail rebate under 87 in this case

1 Reply
On 12 September 2020 at 21:57
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56 Points Posted on 13 September 2020
You can show (at your own risk)
as per law it is offence
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On 13 September 2020 at 01:42
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Tax and Business Consultant
11616 Points Posted on 13 September 2020
Legally, you can't do that....
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On 13 September 2020 at 10:46


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