Jesmala David Raj (Assistant Professor) 04 February 2014
During the financial year 2012-2013, my former employer had incorrectly clubbed together my salary and additional income in the salary column of form 16 .I had asked them for a corrected form 16 which they are refusing to give.I had already paid tax for my entire income, Will I be required to pay tax for the additional income again? If so, what can be done while filing the returns.
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 04 February 2014
Salaried individuals earning less than Rs 5 lakh and having saving bank interest income of less than Rs 10,000 in a year need not file their tax return. This too though comes with a rider. The exemption from filing return is available only if the employer has deducted the entire tax liability through TDS and deposited it with the government
Akshay Jain (Partner) 05 February 2014
Hi,
If you have paid Tax correctly on your total Income then don't worry, just keep all the necessary documents with you through which you have computed your income. If in future Income Tax Department issues you any notice you can show them the documents.
In your return show your correct income from all the sources and that is it, you don't have to take any further steps.
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