Comment posted on Income tax calculator for 2012-13 and Budget 2012 update by Sameer.
Can you please confirm if I can deduct Leave encashment amount from “Income from Salary” taking into consideration employer mentioned Leave Encashment in FORM 16 as taxable. Also Should I deduct same amount in TDS tab from “Income chargeable under the head Salaries”
Recent comments by Sameer
- File Income Tax Return Online
I am salaried employee and filled ITR1 but as I worked in 2 companies during this tenure so I had make self assessment tax payment online on 15 March 2012 but now after filing return I noticed that I wrongly selected Assessement year as 2011-12 instead of 2012-13 so what I can do to rectify this.
I am currently working in Bangalore but my AO Ward is WARD 1(4) G BUDH NAGAR, Noida (UP)
Thanks in advance.