I have a doubt regarding my filing of it return. I have two form 16s.i worked in one company for four months where tds has been deducted and when i joined the other company tds hasnt been deducted so in the first form 16 i have refund of some amount and in the other nothing .so do i need to file the return with the first form 16 or both.please do help me.
RE:RE:Filing Tax return
by Guest on Jul 18, 2008 04:12 PM Permalink
Both. You will have to club the two Form 16s & then arrive at the total income, savings/deductions & tax paid / to be paid. Its not very tedious. Thanks. Dheeraj
RE:Filing Tax return
by LALPET SRIDHAR on Jul 19, 2008 08:50 PM Permalink
You have to file the return with both Form 16. The aggregate income after exemptions an deductions u/s 80-C will be the taxable income, and compute the tax and from which deduct the TDS from the first company. If there is balance of tax payable then you can use Challan 280 for payment of tax and file the return with details of TDS ducted and self assessment tax paid by you
