Hi,
I am employed in a private company. Tax on salary is deducted by company as TDS. I also have Fixed deposits in bank. I fall in the 20% bracket so TDS on salary is done @ 20% but Bank interest TDS is done @ 10%
When I calculate tax ussing the tax calculator on incometaxindia.gov site it shows ~14K tax payable but when I fill the details online efiling, it shows tax payable = ~16K
Data Below
Taxable Income From Salary - 748480
Tax Deducted - TDS - 82087
Income from other sources - 145676
Tax Deducted - TDS - 14570
Tax Payable (as per tax calculator)- 15440
Tax Payable (as per efiling online)- 16620
What should I do in this case?
CAclubindia
