I have a salaried employee having additional income thru house rent and bank interest. His company deducts TDS for his salary income. However as noted above he has other income thru house rent and bank interest. Do he have to pay advance tax? If so, please let me know, how that can be calculated?
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Adavance Tax for a salaried professional
Replies (3)
Dear Satish
As you told that you have salaried income as well u have house rent & bank interest , why shuldn't you disclose ur other income to ur employer . So that they can calculate the TDS accordingly as well deposit the TDS .............
Hope u have no doubts...............
His company does not provide such a option. Hence the case.
Satish
As company doesn't provide any option to you but when comapny took investment declaration from you then in that column yjer is column of other income uin which you can fill your other personal income & on that basis company deduct TDS . You must discuss with the company employee.
They can't deny for that..................
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