Itr filing

TDS 133 views 3 replies

I have worked for a company on contract from May 2016-March 2017 and was paid salary as professional fees deducting 10% tax. My March 2017 salary was paid to me in June 2017.

Now the issue is I have received 4 16A forms for all 4 quarters and my Mar 2017 is not showing in my 16A Q4 form as it's not deposited also not showing in my 26AS.

Will this March 2017 salary be considered in my current Financial year 2017-18? Please help as 31st July is last day for filing ITR.

Replies (3)
If you follow cash method of accounting , your income will be based on receipt basis and will correlate to form 26AS also.
Salary is deposited in bank.
You can follow cash method of accounting and offer the March fees or salary in FY 2017 18 and not in FY 2016 17


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