Tds not deducted & form 16 not provided by employer

ITR 798 views 3 replies

Francis

Finance Professional

41 Points Joined May 2014

Dear Madame / Sir,

I required some advice

Suppose an employee works for a company, and earns a salary of Rs.15,000/- per month. However, the employer does not issue Form 16 & does not deduct TDS @ 10% for salary. The employer also does not deduct TDS @ 1% for payment to contractors.
In this case, what is to be done because when we declare "income from other sources" or "Income From Salary" in ITR Form, we also have to input data for TDS deducted which is madatory to validate the form.

Please guide me.

Regards,

Francis

Replies (3)

Tribhuvan Aditya Singh

Student as well as Self-employed

3710 Points Joined September 2007

tds on salary is not required to be deducted because total salary is below taxable limit. if the employer does not give form 16 just gather tan details of employer and fill it up.

Tribhuvan Aditya Singh

Student as well as Self-employed

3710 Points Joined September 2007

as far as tds on payment to contractor is concerned, the employer should deduct tax on such payments otherwise such payments shall be disallowed and income tax shall be computed on such payments

Francis

Finance Professional

41 Points Joined May 2014

Sir,

1.) If I earn an income by driving taxi, and I have generated cash and deposited the cash into the bank account. Then while filing ITR form, its asking me to fill TDS details otherwise cannot proceed further.

What should be done in this scenario? How does the taxation work in this case?

2.) If a son transfer to his mothers account a sum of Rs.3,00,000 for a financial year and signs a gift deed with her. Does the mother have to declare Rs.3,00,000/- as non taxable income in ITR Form ?