12-26-2009, 12:12 AM
Employee is required to file a proper return of income.
In case of short or excess deduction of tax by the employer.
The income chargeable to tax in a tax year includes income chargeable under any other head i.âPropertyâ, âBusinessâ, âCapital Gainsâ or âOther sourcesâ
Employee has more than one employer.
Income from disposal of shares subject to restriction of transfer or a right or option to acquire share, acquired under the employee share scheme.
The deduction of tax at source by an employer out of salary is not a final discharge of employeeâs obligation. The employee is required by law to file the employerâs certificate in lieu of return of income or the return of income (Attachment to Employerâs Certificate), as the case may be.
In case of short or excess deduction of tax by the employer.
The income chargeable to tax in a tax year includes income chargeable under any other head i.âPropertyâ, âBusinessâ, âCapital Gainsâ or âOther sourcesâ
Employee has more than one employer.
Income from disposal of shares subject to restriction of transfer or a right or option to acquire share, acquired under the employee share scheme.
The deduction of tax at source by an employer out of salary is not a final discharge of employeeâs obligation. The employee is required by law to file the employerâs certificate in lieu of return of income or the return of income (Attachment to Employerâs Certificate), as the case may be.
