Suresh Ramasami (13 Points)
22 August 2022Hi ,
I got Form 16 by end of July and i filed ITR and got refund by 1st week of Aug.
Now my employer gave revised form 16 with revised total income during 19th Aug which was including ESOP.
I need guidance on how to rectify old Efiling and do new Efiling with New form 16.
Regards
Suresh R
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 22 August 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86250 Points)
Replied 22 August 2022
Suresh Ramasami
(13 Points)
Replied 22 August 2022
Thanks. Due to wrong declaration of income under original form 16, i got refund during last week based on original form 16 . Now revised form 16 released today with correct ESOP and income in form 16 is trippled.i think i need to return or pay back refund which I claimed based on old form 16. So can I proceed with revised e-file?
CA Rashmi Gandhi
(Chartered Accountant)
(86250 Points)
Replied 22 August 2022
Mahesh Shah
(2299 Points)
Replied 23 August 2022
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 23 August 2022
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 23 August 2022
ESOP is taxable under salary (perquisite) and no question of refund.
Benefit of cost can be claimed at the time of sale of shares..
CA Rashmi Gandhi
(Chartered Accountant)
(86250 Points)
Replied 23 August 2022
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