Wednesday, July 10, 2024

TDS deduction from salary not enough: Salaried employees must file ITR despite tax deducted by employer

Income tax return for salaried: You need to file your income tax return even if you do not need to pay any income tax due to section 87A tax rebate. Also if you think that since TDS has been deducted from your income, you need not file ITR, then this notion is wrong.

from Tax-Wealth-Economic Times https://ift.tt/hQLm7Wa

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