Income Tax Deducted More

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  • #70580

    TDS is deducted every months from salary of one employee.
    Now after yearly calculation I have found Rs.5500 more is deducted than the Net Tax Payable.

    Now what to do ?
    Plz treat as urgent !


    You need not worry for this over deduction of TDS. Just collect Form 16 from your DDO in coming June/ July and e-file Return (online). The excess amonut will be refunded to your bank a/c with interest.


    no need to worry. excess amount will be refunded after income tax efiling.


    Thanks a lot !


    Amar wife er ppf thakle ami ki tax er ribate pabo? please tell me with rules.


    [USER=1668]@skmp74[/USER] No. You will get tax rebate under Chapter VI A of u/s 80C only if the PPF A/c is in your name.

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