Tax

advance tax penalty- , zero tax from salary advance tax penalty- , zero tax from salary

1 year ago

Hi TEam,

zero tax from salary after all investment and deductions, second 10%TDS from FD in every financial year. But at the time of filing ITR in July-Aug-Dec, both salary and TDS clubbed and tax come in 20% slab. And govt fine 234b and 23bc in ITR submission This is strange. can it be rectified.

Anik

Responded 1 year ago

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A.Dear Client,

As per the facts mentioned, I’d suggest you to contact a CA who can give you better advise.
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Kishan Dutt Kalaskar

Responded 1 year ago

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A.Dear Sir,
You can approach the chartered accountant who may find out some solution to your problem or else he may challenge such order and get a stay order.
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