Kartik noted a discrepancy in annexure to his form 16. So, he did not file his tax returns. He noti…
Kartik noted a discrepancy in annexure to his form 16. So, he did not file his tax returns. He noticed that, his employer wrongly mentioned a deduction under section 80U(Disability of the individual himself). whereas he should have shown it under under section 80DD (Deduction for medical disability of a dependent family member).
What should Kartik do now?
At first, Kartik should file his tax returns with right particulars.
Then, Kartik should approach his employer and tell him the facts. He should show him the copy of his submissions and compare them against the issued form 16.
It is employer's responsibility to fill in right particulars in the TDS returns.
The employer would revise his TDS returns to comply with taxation laws. And then the changes would automatically reflect in Kartik's statement.
