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Vishal lakhani

Difference in salary income in return and 26 as...
Sir I am in bsf and in the year 2017 I got posted from 110 bn bsf to CSWT bsf indore due to which in FY 2017 -18 I have got two employers i did not get any form 16 from 110 bn however my form 26 as shows Rs 440018.00 paid credited and tax deducted an d deposited Rs 500.00 subsequently cswt indore pa...
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Amlan Dutta
Take up with your employer so that the right income figures reflect in your 26 as .....
You can file return based on actuals but get your 26AS updated by the employer .. ( Assessing officer will not accept fancy reasons as to your employer not agreeing to your TDS ,not being help to h...
  • December 11, 2018
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SNEH

Difference in salary income in return and 26 as...
Dear Amlan,

Thanks for the reply. Not able to locate the e assessment option. Also, getting different options than the options mentioned in your reply.
Kindly help.
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Amlan Dutta
HOW TO RESPOND TO TAX NOTICE FOR DIFFERENCE IN SALARY INCOME IN FILED RETURN AND APPEARING IN 26 AS | E Proceedings

Project - #makeknowledgefree

You have received a tax notice stating that there is a difference in salary income of that filed in return and that appearing in 26 as

Basically, the 26 as u...
HOW TO RESPOND TO TAX NOTICE FOR DIFFERENCE IN SALARY INCOME IN FILED RETURN AND APPEARING IN 26 AS | E Proceedings<br /><br />Project - #makeknowledgefree <br /><br />You have received a tax notice stating that there is a difference in salary income of that filed in return and that appearing in 26 as<br /><br />Basically, the 26 as under income credited for the assessee  shows the gross salary which is not totally subject to tax on account of permissible  salary exemptions and deductions available<br /><br />This has to be however filled under E-  proceedings !<br />You must opt yes for eproceedings and then  click on submit to open up the notice displaying the difference !<br />In this case since the difference is on account of permissible deductions and exemptions available to salary class , you shall disagree to the demand and proceed <br /><br />This opens up a table where you are  required to explain the difference between gross receipts appearing in 26 as and that offered in tax return (from form 16 )...<br /><br /><br />The table has relevant heads for claiming eligible  exemptions and deductions ...You have  to select the fields that apply in his case to explain the difference!<br /><br />In this case, the gross salary enjoys conveyance exemption u/s 10(14 ) for 19200 Rs ,<br /> medical reimbursement  u/s 17(2) (b) for Rs 10838 ,<br /> Sodexo  food coupons u/s 17(2)(viii) for Rs  26000 and<br /> tax on employment for Rs 2400 Rs as eligible deduction under section 16.<br /><br />How do we use the fields?<br />Clearly, for section 10 exemptions pertaining to salary , we can use the option of receipts not taxable because the gross receipts are not totally taxable on account of section 10 conveyance allowance exemption made available under section 10 (14)<br /><br />So, we use the receipts not taxable option for section 10 exemptions . It can therefore be used to show conveyance exemption of 19200 Rs U/s 10(14)<br /><br />Rest, permissible  salary deductions  can be shown under other head  to explain the portion of gross receipts  pertaining to medical reimbursement , food coupons and eligible deduction of tax on employment which are not taxable<br />(Check attached picture)<br /><br />You can then proceed to submit the proceeding clarification! <br /><br />That's all there is to it!<br /><br />Here is a video solution that explains how to respond to notice to explain difference in salary income appearing in 26 as and that filled in tax return! <br />Youtube Video - https://www.youtube.com/watch?v=hewBpQ_5eRA
  • May 30, 2018
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