My previous employer is not giving my form 16 and is draging the matter, even written a regd letter to TDS commisoner of the company with a copy to the company, but still no repsones.. any advise pls for this law abiding citizen..
RE:What if I have not received my Form 16?
by ranjish haridas on Jul 20, 2008 11:38 AM Permalink
hope u too hav tht mail saved....or mayb in ur outbox..jus keep it safe in case of any penalties u can sue ur employer..!!
RE:What if I have not received my Form 16?
by Amitabh on Jul 17, 2008 08:55 PM Permalink
File a return based on the figures you have. You have written the letter,that is all you can do.
I was working wid a company till sept and wen i left the company i did not get 2 months salary as notice period. Now wen i recvd form16, that money is not considered in tax calculations.Please advice.
RE:Free assistance For salaried Persons
by gary sandhu on Jul 16, 2008 05:22 PM Permalink
Dear sharad,
I have received my Form 16 for 07-08. I did not claim for tax exemption for deposit in ppf and LTA. I want to claim it now for the year 07-08. How can i do so.
RE:Free assistance For salaried Persons
by Francis Dias on Jul 17, 2008 09:41 AM Permalink
Dear Sharad: Someone has misplaced the PPF passbook. After she invested Rs. 70,000, last October, she suffered from a partial stroke which has left her with partial amnesia. She remembers having made the investment but doesn't remember where she has kept the passbook. Incidently, she lives alone, so no one can help. In filing of returns, is it mandatory to supply copy of the passbook? Pls. reply. thanks
RE:Free assistance For salaried Persons
by shashank shiromani on Jul 17, 2008 08:05 PM Permalink
No, it is not mandatory to submit any documents along with the Return. However, the IT authorities have right to ask for original documents if they have any doubts or otherwise.
Your friend can go ahead and fill up the Return showing PPF amount as Rs.70,000/- (if she remembers it correctly) and in the meantime an effort can be made to obtain a certificate from the bank where she has PPF account. The bank is obliged to give such certificate. In any case PPF Passbook is NOT accepted by IT authorities as proof because it can be fudged. mI hope it is clear.
RE:Free assistance For salaried Persons
by Girish Sahu on Jul 26, 2008 03:32 PM Permalink
Dear Sarad, I am salaried person. I start investing in shares through Demat Account (online) and invested Rs.70,000 and sold some shares (short term). i am in some confuse, should i have to add these profit in my salary. Is there any limit for excemption?
Persons filing tax returns please note: THough no annexures/attachments are to accompany your return some of the IT offices are insisting on the TDS (Form 16) alongwith the return.So please carry it with you and if the dept insists mention that u have handed over the original Form 16/16A on the acknowledgement and take the sign/stamp of the IT office
RE:IT returns-important
by NCCHAWLA on Jul 16, 2008 09:02 PM Permalink
It is really a useful information CAN the IT people change this ,If so this can be embodied in their website
RE:gift ..
by shashank shiromani on Jul 16, 2008 10:16 PM Permalink
Sending money to parents for their expenses does not amount to gift. Even if it is considered gift, there is no gift tax on gifts given to close relatives like parents, children, spouses etc.
I did not file last year returns and yet to file this year's. Can I do both at once and if so will there be any change in the form. In both the years, I have nothing to get as there was TDS and my employer has paid the tax on my behalf.
i earned profit after selling various shares (holding peroid of 1 month and 1 year respectively).now for computing Income tax which rate is applicable 10% or 30% . BR//Abhinay
RE:Calculation of IT on Share
by ranjish haridas on Jul 20, 2008 11:44 AM Permalink
jus check ur total income..if its more than 150000..u hav 2 pay tax...and as 4 the % of tax..jus check in which slab rate u fall inn..!!
RE:Free assistance By Qualified CA For Salaried Individuals
by Rajeeb Ghosh on Jul 16, 2008 02:57 PM Permalink
What if I earned salary for just 2 or 4 months out of 12 months in the year, how do I file return. Also can I file return thru taxshax.com Pl advice
