Now, deductor is liable to furnish of evidence of claims by employee for deduction of tax under section 192 of IT Act, 1961.
See Notification No. 30/2016 dated 29.04.2016. • In case of HRA: Name, address and permanent account number of the landlord/landlords where the aggregate rent paid during the previous year exceeds rupees one lakh. • In case of Leave travel concession or assistance: Evidence of expenditure. • In case of Deduction of interest under the head “Income from house property”: Name, address and permanent account number of the lender. • In case of Deduction under Chapter VI-A: evidence of investment or expenditure.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 21,000 Members, Free/Easy/Comfortableway
See Notification No. 30/2016 dated 29.04.2016. • In case of HRA: Name, address and permanent account number of the landlord/landlords where the aggregate rent paid during the previous year exceeds rupees one lakh. • In case of Leave travel concession or assistance: Evidence of expenditure. • In case of Deduction of interest under the head “Income from house property”: Name, address and permanent account number of the lender. • In case of Deduction under Chapter VI-A: evidence of investment or expenditure.
Changes w.ef. 1st June 2016:
CBDT has notified new form no. 12BB for declaration of investments . Employees are now required to submit evidences/particulars of tax savings to employer in Form no. 12BB.
The CBDT has also notified revised due dates for filing of quarterly TDS returns by persons (other than government). Due dates for filing TDS return for the quarter ended 30th June, 30th September, 31st December and 31st March has been extended to 31st July, 31st October, 31st January and 31st May respectively (old dates were 15th July, 15th October, 15th January and 15th May respectively).
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Official Blog Fema India Experts Connect with our Facebook Page:- Click and Like our Page Subscribe our Email updates like other 21,000 Members, Free/Easy/Comfortableway
