Please can anyone assist me regarding income tax return filing for AY 2021 2022.
Please note I am having Income from Salary and Income from Short term capital gain.
Regarding Salary : My company is located outside India and I am working from India and use to get Salary remittance in my Bank in India regularly.
But I don't have Form 16 as well as TDS is not deducted as company is located outside India so they cannot deduct TDS
Will the Income Tax portal system will accept my return If I file Income from Salary without Form 16 and also advised which ITR form to be filed
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Regarding filing of Income Tax Return for AY 2021 2022
Replies (9)
Quick Summary
Since your employer is outside India and you are a resident Indian, your salary will be taxable in India. You need to fill ITR 2. Income Tax will accept return even if no form 16 is issued and whether TDS is deducted or not.
NOT CORRECT.
JANAK SHAH NOT CORRECT
JANAK SHAH NOT CORRECT
Please let me know exactly what is correct
The resident assesse is a resident indian follows the following conditions:
Sec 6 (1) a and Sec 6(1)(c)
The resident Indian receives income from a company located outside India.Such income is subject tax in India. It has to be disclosed in FSI SCHEDULE IN ITR 2. HE CANNOT OBVIOUSLY ESCAPE TAX BUT CERTAINLY CAN BENEFIT OF DTAA.
Sec 6 (1) a and Sec 6(1)(c)
The resident Indian receives income from a company located outside India.Such income is subject tax in India. It has to be disclosed in FSI SCHEDULE IN ITR 2. HE CANNOT OBVIOUSLY ESCAPE TAX BUT CERTAINLY CAN BENEFIT OF DTAA.
Mr Mukherjee. Thanks for your reply. But I am not understood clearly.
I don't want toescape tax.
my question is should I show under salary income if there is no tax deducted as well as not having Form 16
I don't want toescape tax.
my question is should I show under salary income if there is no tax deducted as well as not having Form 16
You will get a tax deduction certificate frm employer.
Sir , I think you have not understood well.
I have mentioned before that my company is located outside India . How they can provide me tax certificate when they don't deduct any tax on salary .
I have mentioned before that my company is located outside India . How they can provide me tax certificate when they don't deduct any tax on salary .
Hi, Does ur salary income taxable in country where employer resides?
No, it is not taxable in that country where employer resides
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