ITR? for form 16 & form-16A

ON the incometax website www.incometaxefiling.gov.in
 the saral-II (itr-1) & instruction has been released.

 

in the instruction sheet in point no. 9-i it is written that :

9(i) "In items 23 and 24, please furnish the details in accordance with Form 16 issued by the employer(s) in respect of salary income and Form 16A issued by a person in respect of interest income and other sources of income. Further in order to enable the Income Tax Department to provide accurate, quicker and full credit for taxes deducted at source, the taxpayer must ensure to quote complete details of every TDS transaction."

from the above statement i hope it is cleared that those employees who had received FORM-16 & FORM-16A both can file ITR-1 (now SARAL-II)

many employees when they are not employed on pernanant terms, they are being issued FORM-16A, instead of FORM-16,

i have tried many times with different ITO's to file such employees return by using ITR-1 OR ITR-2 as the case was,

but no body accepted, they say that FORM-16, employees should fill ITR-4, as it is taken as business.

but in acctuall they are salaried persons.

plz explain point 9(i) in the instruction sheet provided by govt. in respect to my query

Replies (1)

ITR - I (Saral II) can be filed only by Individuals having income from Salary / Pension / Income from One House Property (excluding loss brought forward from previous years) / Income from Other Sources (excluding Winning from Lottery and Income from Race Horses)] 

The assessee is required to furnish details in accordance with Form 16 issued by the employer(s) in respect of salary income and in case of Form 16A issued by a person in respect of interest income and other sources of income only.

As for the Form 16A issued by the employer, the nature of payment mentioned would be either Payment to Contractors or Professional Fees. Both these receipts are not chargeable under the head Salaries but have to be considered under PGBF. Hence the requirement of ITR-4 for such kind of incomes

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