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Is ITR filing compulsory for the salary employee?

Lalit Dwivedi (54 Points)

31 July 2017

I am a salaried employee, my employer has deducted tax in the form of TDS of Rs. 48000/. Now , Is ITR filing compulsory for the salary employee?

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13 Replies

Poltu Ghosh (Job) (1865 Points)
Replied 31 July 2017

Yes the TDS amount suggest that your gross total income is more than Rs 250000 thus you are mandatorily requires to file income tax return

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NITIN SABOO (344 Points)
Replied 31 July 2017

Yes, you have to file return. It is mandatory in your case.

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 31 July 2017

Yes. It's mandatory....

In case you have any deductions under chapter VI A then you can get refund.....

Lalit Dwivedi (54 Points)
Replied 31 July 2017

Sir, my employer did not consider my deduction I.e. NSC in form 16. Can I file return according to my deduction or I wl have to follow form 16? Whether any possibility to rectify form 16? Plz suggest me sir.. thanks

Lalit Dwivedi (54 Points)
Replied 31 July 2017

if I don't file my return ,then what consequences will be there??

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 31 July 2017

You can't file Your return you can get notice from ITD. In case your PAN is registered in e-filing portal you compliance section for NMS. If not registered you can get notice after 31 March 2018. At the time your liability is above for now the status.......
So, You can consider.....

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 31 July 2017

Also you can file your return with your all deductible amount then you can get refund if available or You ll be pay Tax on your income.....

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 31 July 2017

Advisable for "File your return at earliest.....! "

Lalit Dwivedi (54 Points)
Replied 31 July 2017

sir, can form 16 be modified?

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 31 July 2017

Yes....
You can move it's to Your employer......

rama krishnan (12244 Points)
Replied 31 July 2017

you can file return as per the eligible deduction and not necessarily based on form 16

1 Like

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 01 August 2017

Yes you can file your all eligible deductions include. Form 16 is not matter. After filing you get intimation notice but don't worry the time. Simply reply to ITD ITR is correct....

Shashikant Varshney (Chartered Accountant) (763 Points)
Replied 01 August 2017

You can claim revise income if there is any error in form 16.

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