See the full information of how the primary school teacher filled his income tax.
Here we will tell you about how the teachers working in
primary school (Prathmik Vidyalay of Basic shiksha Parishad) can fill their ITR
in a very general way. Hope this information is very important for you. Let's
know a few things first
Aagdak form (Calculation sheet)
The Aagdak Praptra is provided to you by your
department in the month of March. Under this, the department takes all the
details related to you, such as how much salary is made, GPF or how much money
has been deposited in NPS, and gives you the details. The income tax assessment
form is provided to you by the department in the month of March.
Form 26as
After that your salary and other details are remitted by the
Basic Education Department to Income Tax. Then we see all these details in 26
AS. You can see this by logging on to the Income Tax website online. On 26as it
shows how much salary the department has given you and how much tax you have
deducted from your salary and deposited the income tax. You can find these
details online.
Form 16
Form 16 is provided to you by the department. It is normally
provided to you in July-August. In this, the data provided by the department
related to the salary you save, tax deducted from your salary. With his help
you pay income tax.
What to do if there is a difference between salary and
tax in Form 16 and Form 26as
There are often mistakes in Form 16 and Form 26as and both
of you have a salary mismatch. That is, the salary received in both Form 16 and
Form 26as and tax deducted from your salary in both should be the same but
there is often a lot of irregularity in it. In that case, you have to give an
application to the Basic Education Department to correct it.
Often in 26as your salary looks low and tax is low. This
means that the department has not shown the amount you have paid and the amount
deducted from your salary online. Nobody knows why this happens till today.
So whenever you fill the ITR, always fill it on the basis of
26AS because if you will show your salary less and the tax deduction will also
show less, it may face problems in the coming time.
Try to match the data of Form 16 Form 26as. If the match is not happening then you pay your income tax from 526.
What is financial year FY and assessment year AY
Earnings in a financial year are taxed in the next financial year. Simply put, the year you earn is called Financial Year, the next year when you pay tax, it is called Assessment Year for that year.
Understand this by example
The tax of that earnings which you earned in the financial year 2021-22 will be assessed in 2021-22 will be the financial year and 2022- 23 will be called its assessment year.
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