Salary in schedule-1 tds?

1489 views 3 replies

Sir,

Yesterday, I filed my income tax return (ITR-1). In the return form, there is Schedul1-TDS, where ‘Income Under Salary’ was pre-filled from Form 26AS. I did not change the same and submitted the return. The amount which was pre-filled from Form 26AS was actually ‘Gross Salary’ paid by employer i.e. the amount was before section 10 deductions. Today, my friend asked me whether that amount should be ‘Gross Salary’ or ‘Salary after section 10′. Now, I am confused. I searched various sites, but, answer is different everywhere. Can you please guide me what is correct? Also, do I need to file return again in case it should be ‘Salary after section 10′? 

Thanks, Ashish
 

Replies (3)

There is no need to change amount mentioned in your 26AS or form 16. You can take the exemption mentioned in Section 10 in your statement of income.

you dont need to file return again.... normally gross salary is only indicated that field but some professionals fill net salary payable, some fill salary after deduction of sec 10..... so there is no fixed rule.

Yes, there is no need to revise return of income in 26as employer always show gross salary in ITR it come up with net salary. dont worry about the same.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details