TDS deduction and tax rebate

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Prapti (Querist)
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30 March 2023 Hello everyone. I have a doubt relating to TDS deducted by company and tax rebate.
If my income is 6 lacs and I don't have any investments made. How it is taxable if I want to opt for new tax regime wherein upto 7lacs is zero tax liability?

If from 3-6 lacs there is 5% of tax is applicable. Is it that our company will deduct tds and then we need to claim it under tax rebate u/s 87A? Or no TDS will be deducted?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 March 2023 No TDS will deducted.

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Prapti

Prapti (Querist)
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30 March 2023 Okay, May I please know how sir? Also guide me on
1.what salary amount TDS is require to deduct.
2. When and how tax rebate can be claim?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 March 2023 1 Rebate is allowed in TDS calculation.
2 you can file ITR if you want.

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