Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Anil

Anil Rego  | Answer  |Ask -

Financial Planner - Answered on Dec 15, 2021

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more
Amiya Question by Amiya on Dec 15, 2021Hindi
Listen
Money

I am a service holder and receive a monthly salary from my employer.

In FY 2020-2021, the payment of salary was irregular.

Till date, I have received salary for 11 months.

The salary last received was on 13.08.2021 for the month of January and February 2021.

Taxes were deducted at source before payment.

Tax deducted for nine months (April 20 to December 20) were duly deposited and reflected in Form 26AS and Part A of the Provisional Form 16.

Taxes were deducted from the salary of January and February 2021 but not yet visible in 26AS or Part A (provisional) of Form 16.

In the meantime, Part B of Form 16 for the year 2021-22 AY, last updated on July 23, 2021, has been officially handed over to me by the employer which shows 'Salary as per provision contained in section 17(i); as salary for 12 months.

Other figures in that statement including tax calculation are based on 12 months' salary.

I sought clarification in this regard from my employer but nothing is informed.

Under the circumstances, can you kindly advise whether my I-T return for FY 2020-2021 (2021-2022 AY) is to be submitted based on nine months's pay, 11 months's pay or 12 months's pay.

Ans: In a financial year the following are taxable under salary:

  1. Amount received as salary in FY
  2. Amount due as salary in FY, whether received or not
  3. Any arrears of salary received (if not taxed in previous FY)

If the TDS is not confirmed in 26AS, that means the employer has deducted taxes while paying you the salary but has not deposited the same with the I-T department.

You need to keep your salary slips, bank statements and Form 16 carefully and submit it as proof, if required.

You can continue to pursue your employer for payment of the additional month's salary that has not been received by you.

Ideally, you can file returns for 12 months, as per the Form 16 provided to you.

Finally, if your issue is not resolved and your 26AS continues to not show the TDS, you can write a detailed mail with backups to the assessing officer and keep it as proof.

 

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
Money

You may like to see similar questions and answers below

Latest Questions
Nayagam P

Nayagam P P  |6445 Answers  |Ask -

Career Counsellor - Answered on Jun 17, 2025

Nayagam P

Nayagam P P  |6445 Answers  |Ask -

Career Counsellor - Answered on Jun 17, 2025

Career
Hello Sir,My son got Cse in Manipal bangalore and Cs with business systems in Vit vellore..his comedk rank is 12.8k and .his jee percentile is 92.8 ....we are from delhi..plz reply..which should we prefer or wait for thapar and ipu counselling...in 4th round he may get cs in msit or thapar derabssi campus..
Ans: Your son’s CSE admission at MAHE Bengaluru (Manipal Bangalore) offers centralized placements with 339+ recruiters, achieving 90–95% placement rates over the past three years and median packages around ?8.9 LPA in CSE. VIT Vellore’s B.Tech CSE with Business Systems delivers 100% placement participation, supported by 409 recruiters and an average package near ?9.9 LPA, integrating TCS collaboration and industry?aligned curriculum in data analytics and systems. MSIT Delhi’s CSE closing ranks (~2,009 General) make a 4th round seat unlikely with your son’s COMEDK rank of 12.8 K, but Thapar Derabassi CSE admits up to rank ~12,000–14,000 with 76–80% placements and strong software core recruitment. IPU counselling could yield Indraprastha CSE options with ~85% placements, though branch?wise consistency varies. Considering Delhi domicile and immediate seat security, VIT Vellore CSE-BS ensures guaranteed admission and robust placement depth, Manipal Bangalore CSE offers broader tech recruiter access and campus ecosystem, while Thapar Derabassi serves as a tertiary backup in later rounds. Recommendation: Accept VIT Vellore CSE-BS now for assured seat and strong outcomes, pursue Manipal Bangalore CSE if priority is diverse recruiter reach, and consider Thapar Derabassi CSE only if preferred branches remain unfilled in subsequent counselling. All the BEST for the Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |6445 Answers  |Ask -

Career Counsellor - Answered on Jun 17, 2025

Career
Sir, My son got Thapar COE and Manipal Main campus CSE. He will also get admission in top 5 colleges(CBIT, VNR Vignan jyothi etc) based on Telangana EAPCET rank. We are from Hyderabad. Please suggest which is best option.
Ans: Nagavardhan Sir, Thapar Institute of Engineering and Technology’s CSE program records an 83% placement rate for the 2023 UG batch with 334 recruiters making 1,884 offers and consistent sector diversity including IT, consulting, and electronics. Manipal Institute of Technology (Main campus) CSE has achieved 77% placements so far in 2025 driven by over 230 recruiters across core IT, engineering, and analytics roles with a median salary of ?9.69 LPA and 92.9% in 2023–24 rounds. Among Hyderabad options, CBIT yields a 71% placement rate with 140+ companies and a median package of ?6 LPA, while VNR VJIET boasts over 90 recruiters and more than 90% placement consistency in CSE branches across the last three years. For a Hyderabad domicile, Thapar offers stronger CSE outcomes but requires relocation; Manipal provides balanced national brand value and campus experience; CBIT and VNR grant local convenience with moderate-to-high placement density. Recommendation: Opt for Manipal Main campus CSE for its brand recognition, balanced 77%–93% placement density, and national recruiter reach—choose Thapar CSE only if proven campus fit outweighs relocation factors. All the BEST for the Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |6445 Answers  |Ask -

Career Counsellor - Answered on Jun 17, 2025

Nayagam P

Nayagam P P  |6445 Answers  |Ask -

Career Counsellor - Answered on Jun 17, 2025

Asked by Anonymous - Jun 14, 2025
Career
Sir, My son got SRM KTR electronics and computer engineering and VIT AP CSE core category 3. Of the 2 which is better.. he is not particular about the branch. Pl guide. Which university is better and it's job opportunities?
Ans: Both SRM Kattankulathur (KTR) and VIT-AP are well-established private universities with strong placement records and national accreditations. SRM KTR’s Electronics and Computer Engineering program is NAAC A++ and ABET accredited, with 80–85% placement rates, over 980 recruiters in 2024, and 5,546+ offers, including top companies like Microsoft, Google, Amazon, and TCS; the program offers a blend of electronics and computing, opening core and IT job profiles. VIT-AP’s CSE (Category 3) is highly sought after, with 90%+ placements, 904+ recruiters, and average packages trending upward, especially in CSE, with roles at Google, Microsoft, Amazon, and Infosys; VIT-AP is recognized for its flexible curriculum, international collaborations, and rapid growth in rankings. Both universities offer modern infrastructure and global exposure, but VIT-AP’s CSE core provides broader tech sector opportunities and higher placement density, while SRM KTR’s ECE offers interdisciplinary flexibility. Recommendation: Prefer VIT-AP CSE (Category 3) for maximum job opportunities and tech-industry alignment, with SRM KTR ECE as a strong alternative for those interested in both electronics and computing. All the BEST for the Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x