I,m geting 22000/- app. per month, deduction is as follws 1- PF 1600/- pm 2-Housin Loan Repayment 3680/- pm 3- Intt. on H/Loan 4200/- pm 4- LIC Premium 38000/ per year On the basis as above please tell me how much Income Tax will I have to pay
I have already filed IT returns for the year. But I had missed disclosing an investment(which has tax benefits). How do I revise my returns & ask for the benefit?
RE:IT returns - can I revise it?
by Surendra on Jul 19, 2006 05:40 PM Permalink
You can file tax return again. In the tax return, mark it as revised and also attach a copy of original return.
Could you please advice me on the following issue..
Last year , while filling tax return form for the year 2004-05, I unintentionaly specified my Employer's PAN number instead of mine in the "Saral Form". This blunder happened as I was using Form-16 as reference which carries both myself's and Employer's PAN numbers. I recently realized this thing while filling my current return. The tax paid by me was 60,000 Rs.
Should I escalate this issue to IT department or stay calm as nothing happened so far. Actually I am worried as they might trace this issue in future while tracing/checking my current or future tax returns.