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Income Tax Deducted More

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February 3, 2017 at 12:06 pm #70580

Anonymous
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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 !

February 3, 2017 at 12:45 pm #82183

Anonymous
Inactive

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.

February 3, 2017 at 1:04 pm #82185

Anonymous
Inactive

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

February 3, 2017 at 1:29 pm #82186

Anonymous
Inactive

Thanks a lot !

February 5, 2017 at 5:24 am #82196

Anonymous
Inactive

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

February 5, 2017 at 6:30 am #82197

Anonymous
Inactive

@skmp74 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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