How To File Income Tax Return Online For Salaried Employees?

Contributing sentiments towards policy:

58% : Every salaried employee is required to make a declaration of his investments as well as selection of tax regime at the beginning of any financial year so as to enable the employer to duly undertake tax deduction at source (TDS) u/s 192 of the IT Act.
55% : Salary is chargeable to tax as and when it becomes due or on receipt basis, whichever is earlier.
54% :Taxation of income from salary is covered under Section 15 to Section 18 of the IT Act as follows:
51% : Thus, an employee (having more than one employer in any year) is required to furnish to the present/chosen employer details of the income under the head "Salaries" due or received from the former/other employer and tax deducted at source therefrom, in writing and duly verified by him and by the former/other employer.
49% :All salaried taxpayers must duly furnish Form 12BB (Statement showing particulars of claims by an employee for deduction of tax under section 192) and documentary evidence for investments made during the year to the employer.
49% : The present/chosen employer will be required to deduct tax at source on the aggregate amount of salary (including salary received from the former or other employer).
48% : Here's an overview on the salient aspects that every salaried tax filer needs to take into consideration while filing their tax return and the process by which one can file taxes online.
48% : Due to this, the taxable income of the employee may increase and the employee may be required to pay tax at a higher rate than he would have, if there were no such arrears or advance salary.
47% :Tax filing has become feasible for employees having salary income particularly in case they do not have added complexity such as rental income, capital gains income, business income, tax deductions other than tax deductions under section 80C/80CCD/80D.
39% : This may entail interest consequences for the employee as there is no proper withholding of taxes u/s 192 of the IT Act.

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