Which part of form 16 is the actual gross salary?

1772 views 7 replies

Hi,

I know gross income includes income from property etc. I'm not asking about that.

I'm asking about the Form 16 that salaried employees get. It mentions:

 

1. Gross Salary (salary as per provisions in Sec 17(1))    Rs.1200000 (assume twelve lakh)

2. Less:Allowance to the extent exempt under U/S 10 

i) Conveyance exemption                                                Rs.19000

ii) HRA exemption                                                             Rs.60000

3) Balance (1-2)                                                                Rs.1121000

4) Deductions

a) Entertainment allowance                                             Rs.0

b) Tax on employment                                                     Rs.2160

6) Income chargeable under head salaries (3-4)            Rs.1118840

7) Any other income reported by employee

8) Gross total income (6+7)                              Rs.1118840

 

Now the income tax e filing form has a section that says:

B1. Income from salary/pension

What do I fill here? Do I enter 1118840 or 1200000?

 

 

 

Replies (7)
You have to enter 1118840
If you're entering it in winman then you enter each data seperately

You fill the details under the SALARY HEAD

6) Income chargeable under head salaries (3-4) Rs.1118840

Thank you very much Raja and Rashmi.

@ Surudh: I don't use winman or cleartax or any such services. I just download the Java application from the income tax website and use it. It auto-populates values from 26A and from the details I entered during my previous tax filing. It also points out fields that have not been filled. It's very easy to use and to submit the returns.

Then fill Rs.1118840/- as income under head salary.

My form 16 states 240000 as total gross salary and below that there is allowance annual exemption of 19200, i need to provide my Annual salary for admission to MBA college. What should be my annual salary? Should it be 240000 or (240000 minus 19200)?

Gross total income (6+7)                              Rs.1118840  

you have to enter this as income under salary head

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
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
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

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

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details