if i m getting 2 form 16 from different companies.
from previous one no tds was deducted
so can i skip while filing my itr (not showing previous salary in my return)
Menu
itr form 16
Replies (3)
No, You can't skip, you have to show both companies salary.
if. i skip the one what will be the consequences
- If the income assessed/ re-assessed exceeds the income declared by the assessee, or in cases where return has not been filed and income exceeds the basic exemption limit, penalty at 50% of tax payable on such under reported income shall be levied.
- 200% of the tax is payable if under-reporting results from misreporting of income
Recent Topics :
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
Related Topics :
CAclubindia
