Help Needed : Income tax- NSC deducted twice

ITR Filing 588 views 1 replies

Hi Experts, 

I found this forum to be of extreme help. I'm facing some problem and I need some expert guidance.

I had worked for company XYZ for a perio of 2.5 month and rest months in my current comapany for the FY 2011-12. In the prev organisation I had declared an NSC for 40k and I got tax rebate for Apr, May, mid June. When I came to my next organisation ABC, I mistakely declared my NSC (40k ) again and I got rebate for the remaining months. When I was filling the income tax returns, the calculations showed that rebates under the 80C was more than 1,00,000. So it seems that I had got the tax benefits twice (ie for 2.5 months in my previous organization).  What are the steps to pay the outsanding liability tax to govt (Challan's and other details). What are the steps for the onlien payment .Please help me out so that I can file my income tax on time.

Additional Information . My net payable tax was Rs 0 for the Apr, May and mid June for the FY 2011-2012. And I paid around 10800 for the remaining montsh of the FY.

Thanks and Regards

Rahul

Replies (1)
Originally posted by : Rahul

Hi Experts, 

I found this forum to be of extreme help. I'm facing some problem and I need some expert guidance.

I had worked for company XYZ for a perio of 2.5 month and rest months in my current comapany for the FY 2012-13. In the prev organisation I had declared an NSC for 40k and I got tax rebate for Apr, May, mid June. When I came to my next organisation ABC, I mistakely declared my NSC (40k ) again and I got rebate for the remaining months. When I was filling the income tax returns, the calculations showed that rebates under the 80C was more than 1,00,000. So it seems that I had got the tax benefits twice (ie for 2.5 months in my previous organization).  What are the steps to pay the outsanding liability tax to govt (Challan's and other details). What are the steps for the onlien payment .Please help me out so that I can file my income tax on time.

Additional Information . My net payable tax was Rs 0 for the Apr, May and mid June for the FY 2012-2013. And I paid around 10800 for the remaining montsh of the FY.

Thanks and Regards

Rahul


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details