.....Hello there, I have a question regarding how to treat the PF withdrawal amount shown in Form-16 as salary under sec17(1). Here is my case: 1. I moved from India to the US in Feb'15 and submitted for PF withdrawal. The PF was being withdrawn with under 5-years of service. 2. The PF withdrawal was processed in May'15 and an amount of ~5,00,000 was credited to my account. 3. In the Form16 that i received from my employer for the AY 2016-17, under 1 (a) salary under sec 17(1) Rs 2,99,085 and under section 7 Rs. 2319 (Interest on Member's contribution). I also have Rs. 1894 from savings account interest in the same AY. 4. In my ITR i've filled in: B1: Income from salary: 299085 B3: Income from other sources: 4213 (1894 of savings interest + 2319 form section 7 of form-16). B4: Total gross income: 303298. 5. I received a 139(9) intimation for defective return with a message "Your claim of TDS u/s 195 and 92A is not commensurate with income offered under Salary/ Other Sources." and the resolution reads "In relation to computing Income Chargeable under each head of Income, computation of Gross Total Income and Total Income corresponding to the TDS claimed in the return have to be dully filled in". My questions: 1. Is 299085 in 1(a) in my Form-16, the employers contribution? 2. Could you interpret the error description in 139(9) and sugggest what is wrong? Thanks.
Jan. 05, 2018