Surcharge on income above 50L
This query is : Resolved
23 July 2024
surcharge is deducted above 50 lakhs by employer and also auto calculated to be charged on overall tax liability while filing returns. How to not double count? What’s the actual clause
Dhirajlal Rambhia
(Expert)
23 July 2024
Employer just deducted TDS by such calculation, while actual payment is done while filing ITR. If any thing be excess, it is refundable.
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