Regarding tax filing and error in Form 16

840 views 4 replies

I had declared my house property's loan interest for Tax deduction for the year 2010-2011. 

But the possession of my house got delayed and now we didnt get the possession by March 2011.

But in the Form 16 that my company gave, i have already got deduction for the housing loan interest amount.

Now i want to pay additional tax and remove that deduction being shown from Form16. So how

can i pay that additional tax to india govt. I guess company will not change the Form 16 now bcoz

MArch 2011 salary is already paid. So only option is i have to pay the taxes directly to govt . What should

i do for that ??

 

 

Replies (4)

even if march salary is paid, company can help u to revise form 16

if they dont, then u have to pay thje taxes as self assessment tax and file ITR

I required Form No. 16 for the Assessment Year 2011-2012

The company will not accept to pay the differential tax and issue a fresh form 16, as there is an interst liablity on them. you could pay differiential tax in any of the banks and file the same in ITR

I AGREE WITH MR. PRASAD


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details