Form 16

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Athar Khan

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Apr 12, 2013, 12:18:04 AM4/12/13
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Dear Friends
 
Is any one in receipt of Form 16 for FY 2012-13 from NPO.
How do we file our income tax returns in absence of Form-16 from Navy..
 
Anyone have any update.

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Athar Khan
 

Shashi Kiran

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Apr 12, 2013, 1:19:11 AM4/12/13
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Navy/NPO will forward form 16. We have time untill 31 July to file returns. We need to follow up for form 16 from next month.

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Athar Khan

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Apr 12, 2013, 1:47:41 AM4/12/13
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Hi Shashi
 
Till now Form 16 is not available in NPO website. thats why i was worried..
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Athar Khan
Lieutenant Commander (Retired) Indian Navy
the fun lies in achieving something impossible.....

nilesh.zope.cbre

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Apr 12, 2013, 2:47:37 AM4/12/13
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Dear all,

Advance tax was to b paid by end march 13...however if no tax is paid by tds/by deductions by d employer the individual wil have to pay d bal tax with some additonal interest for delayed tax... Try n get ur navy salary slips n details of released amt rec. In order toget it exempted from IT....if asked for breakup...during claiming additonal/excess tax...

Regards

nilesh


Sent from Samsung Mobile


R Rajarajan

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Apr 12, 2013, 4:46:48 AM4/12/13
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@ Athar * Zope,
 
Dont worry too much guys,
 
Navy has always been prompt in giving the Form 16 which u will be getting in the month of MAY 13.
 
Also no need to pay any advance tax since navy does all the TDS part and whatever due to you is only paid after deducting the tax. Since ur a salaried employee (even @ corporte world) all ur tax deductions (Predominantly) done at source. In case if you have income from other source like propertyselling where more amount of black money involved u need to worry about advance tax.
 
Also do check up ur personal NAVPAY ACCOUNT through internet especially the RETIREMENT BENEFITS & PAYMENT AUTHORITIES ISSUED links.
 
Other links on the navpay, i feel have not been updated so far...
Rgds
Rajarajan

Athar Khan

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Apr 13, 2013, 3:18:17 AM4/13/13
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NILESH ZOPE

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Apr 14, 2013, 11:21:55 AM4/14/13
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Hi raj,

For me it was a bit different as was working as a independent consultant and then with my present co. they didnt deduct any tax... any ways the navy site as usual is not updated and will never b... so be it...due to the pan card details its easy to detect the income of any individual .....hope al the best for our course to rec our gratuity asap.... :)


Regards

Nilesh Zope
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