LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

salary detail problem

Ashish Khillan (Gaining knowledge) (1039 Points)

15 July 2018

wht to do in this case, plz answer in serial wise.

1) tds deducted by employer on salary in form 16 is higher as shown under 192 (26 AS)

2) commission received from employer is already included in form 16 in gross salary or not?

3) ESI, H.Ins, LWF is this also deductible under 80C ? ....bcz this amount is not mentioned in form 16 unser deduction.

Reply
Follow
Share

9 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160322 Points)
Replied 15 July 2018

1. Presently, there is no match between form 26AS & form 16...... which is expected to get resolved in due course. Till that time follow form 16.

2. Yes, commission to employee is part of salary paid.......

3. No. these are additional deductions....

2 Like

Ashish Khillan (Gaining knowledge) (1039 Points)
Replied 15 July 2018

1) tds as shown by employer form 16 on salary part is 7000 but in form 26 AS its 4000.....then employer have to revise it?

3) these deduction r not mentioned is form 16 so is it can be claimable and under wich section?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160322 Points)
Replied 15 July 2018

1. Is TDS certificate downloaded one from TRACES site?

If yes, when was it downloaded?

2. I doubt about the form 16 issued by employer... If it is genuine, follow it...... don't try to invite mismatch notice, by claiming any deduction which are not in form 16; unless you can justify it during the query.

1 Like

Ashish Khillan (Gaining knowledge) (1039 Points)
Replied 15 July 2018

1) part A of form 16 is provided by employer from traces... and there is 7000 tds on salary..... but 26 AS downloaded by myself from income tax site.... it shown 4000 tds amount on salary.

2) ok, i will not claim... but premium amount also not mention in form 16 ...can i claim tht premium?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160322 Points)
Replied 15 July 2018

1. Yes, then form 16 is correct. Form 26AS will get rectified in due course.

You can claim TDS of Rs. 7000/- based on TDS certificate, with salary details as per form 16.

2. Yes. LIC premium amount having due receipt, can be claimed u/s. 80C.

1 Like

Ashish Khillan (Gaining knowledge) (1039 Points)
Replied 15 July 2018

to claim 7000 have to file through excel utility...?
or employer have to revise tds return?

and if i claim more tds as shown in 26AS... then there is not mismatch notice?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160322 Points)
Replied 15 July 2018

To claim refund of tds, employee has to file ITR, be it excel or Java.......... but no need of employer to revise TDS return..

As per your earlier data only Rs. 4000/- TDS is reflected in Form 26AS..... But you have proof of Form 16, issued by employer (downloaded from TRACES)....... so by the time return gets processed........ form 26AS will also get rectified......