Hello all,
Generally the cut off date for investment proofs in our company is january itself in that case say, i don\'t have bills for Rs.15000 in january ( i need to pay some TAX because of this) but i may get medical bills in febuary and march months..
can we submit it together when we have to file returns?? Or we cant do anything those bills.
pls clarify..
regards,
Devi
From India, Tiruppur
Generally the cut off date for investment proofs in our company is january itself in that case say, i don\'t have bills for Rs.15000 in january ( i need to pay some TAX because of this) but i may get medical bills in febuary and march months..
can we submit it together when we have to file returns?? Or we cant do anything those bills.
pls clarify..
regards,
Devi
From India, Tiruppur
Yes you can and you will refund amount from the Income Tax department directly if any excess payment is there in your account. On receiving the bills the company can reduce the tax amount payable and adjust accordingly in the month of March hence better to talk to your accounts & finance department.
Regards - kamesh
From India, Hyderabad
186Regards - kamesh
From India, Hyderabad
Dear Devi,
You can speak with the respective HR/ Finance department so that they can give exception but mind if you dont submit next month you would be taxed for the same and your IT deduction will be doubled in march salary.
NOTE: If your company has many branches then they would have a centralized place to receive all the IT declaration forms where you will not have the above option. Here you have to submit the documents as given by them.
From India, Mumbai
You can speak with the respective HR/ Finance department so that they can give exception but mind if you dont submit next month you would be taxed for the same and your IT deduction will be doubled in march salary.
NOTE: If your company has many branches then they would have a centralized place to receive all the IT declaration forms where you will not have the above option. Here you have to submit the documents as given by them.
From India, Mumbai
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Hqrs Inst dt 14-06-2016 reg clearance of Medical Bills.pdf
Security Amount Proof.docx