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Itr2 - income chargeable under salaries

ITR 1607 views 1 replies

What should be mentioned in "Income Chargeable Under Salaries" in TDS tab of ITR2 :

1. INCOME CHARGEABLE UNDER THE HEAD "SALARIES" (3-5) from Form 16 part B.

2. Income under the Head "Salaries" of the Employee(other than from perquisites) Form No.12BA

3. Total Amount Paid/Credited in form 26AS. Quick e-File ITR option on incometaxindiaefiling.gov.in picks this amount in ITR1 form in"Income under Salary" column.

Could you please provide me the correct option with detailed explanation(or reference) as I couldn't find it properly explained anywhere. Different website suggests different option which increases my confusion.
 

Replies (1)

Form26AS may report the gross payment made to the assessee which may include other payments apart from salary. Form 16 is issues specifically for the purpose for Salary (Master-servant relationship). INCOME CHARGEABLE UNDER THE HEAD "SALARIES" is the appropriate figure if its just one employee in the FY. 

 


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