Filing of itr for claiming tds

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 08 July 2022

Ask for 16A from employer

prasad Nilugal

GST Practitioner & Accounts

15093 Points Posted on 08 July 2022

1 Ask for from 16 not 16 A from the employer
2) Check employer has filled TDS return or not.
3) If your three months salary less than 2lac 50 thousand then TDS not required to deduct .
4) If Employer and Employee relations exists then From 16 applicable.

CA Puja Sharma

Chartered Accountant

5010 Points Posted on 08 July 2022

Ask for Form 16 from the employer.

File your return only after the TDS reflects in Form 26AS otherwise there will be tax credit mismatch.

prasad Nilugal

GST Practitioner & Accounts

15093 Points Posted on 08 July 2022

Employer must file TDS return to reflect TDS. in 26AS .

Waseem Syed

Advocate

272 Points Posted on 10 July 2022

If i file itr showing 3 months salary without tds then what wll be the effect on my tax liability ? can i claim remaining tds in next year ?

Prasad VLN Palukuri

2 Points Posted on 10 July 2022

You may not be allowed to claim as

1. There is no guarantee that OMITTED TDS will be reflected in your 26 AS NEXT YEAR with yearly bifurcation.

2. Income Tax authorities may not amend the ITR Form suitably to claim EARLIER YEARS TDS next year through subsequent ITR filing.

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 10 July 2022

Yes you can claim but you have to add such salary income in your next year income.
So better declare income in current year and claim refund of TDS in next year .

Waseem Syed

Advocate

272 Points Posted on 10 July 2022

But Sir it may increase my tax laibility in current year if i declare my salary in current year.?

prasad Nilugal

GST Practitioner & Accounts

15093 Points Posted on 10 July 2022

How much your three months salary , and pertains to which financial year, F.Y 21-22 or 22-23 ?.

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 10 July 2022

Sir for that your ITR need to check , inbox me details I will reply to you

Waseem Syed

Advocate

272 Points Posted on 10 July 2022

450000 for F.Y.2021-2022

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 10 July 2022

Including last year salary

prasad Nilugal

GST Practitioner & Accounts

15093 Points Posted on 10 July 2022

If your total income is 450000/- and you file return now , there will be no tax liability,( up 5lac -section 87A rebet) however you Can not claim TDS refund, unless employer file TDS return and deposit TDS amount in GOVT account and reflection in 26AS , so please confirm from employer that he has filled return or not .