Salary is the remuneration paid by the employer to the employee for the services rendered for a certain period of time.

Salary includes:

  • Basic Salary
  • Perquisites & Bonus
  • Gratuity
  • Allowances (such as HRA, LTA, etc.) 

Income from Salary is taxed at the applicable slab rate & is to be reported in ITR 1 when filing your Income Tax Return.

There are 2 ways to add salary income on Quicko

  1. Using Form 16
  2. Manually

Here's a complete guide on Income from salary & taxes.

Adding Salary using Form 16

Form 16 is a document that contains all of the information needed to declare salary income in an income tax return. It shows the salary income breakdown as well as the amount of TDS deducted by the employer.

Form 16 comprises of two parts:

  • Part A contains the details of the TDS deducted
  • Part B contains the details of break up of the salary

To add Salary using Form 16:

  • In the Filing tab, navigate to INCOMES > SALARY from the side nav
  • Click on Upload Form 16 
  • Click on Browse and upload Form 16 pdf file
  • On the next screen, you will see SALARY details

Ensure that your Form 16 is:
    1. In a PDF Format, not exceeding 6 MB
    2. Both parts, A & B, should be generated from TRACES

Things to keep in mind while uploading Form 16.

Adding Salary Manually

In case you haven't received Form 16, you can still report your salary using a salary slip.

To add Salary manually

  • In the Filing tab, navigate to INCOMES > SALARY from the side nav
  • Click on Enter Salary ManuallySALARY
  • Enter the Employer Details 
    • Employer Name
    • PAN
    • Category (choose "Other" if an employer is a non-government entity) 
    • Address
    • TDS details
  • Enter Salary Breakdown
  • Click on Save

1.The standard deduction is automatically added, once all the details have been entered. 
2. You can add multiple salary income by clicking on the ADD button.