Rebate on overpayment

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39 Points Posted on 29 May 2023
If any employee receives some amount as overpayment in salary and he submits that amount through challan.How can he get rebate on that overpayment in tax?
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On 29 May 2023 at 16:53 Report
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If you've received an overpayment in your salary and repaid it, you can claim a tax rebate. This can be done either by your employer rectifying their TDS return or by you claiming a refund when filing your Income Tax Return (ITR) using Form 16, especially if the TDS is reflected under Section 192.

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SEO Sai Gr. Hosp.
212455 Points Posted on 29 May 2023

Either employer can change its TDS return and rectify the tax deduction to the employee, or employee can get it back as refund after filing ITR.

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On 29 May 2023 at 18:19
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39 Points Posted on 29 May 2023
In which section employee can get refund?
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On 29 May 2023 at 20:47
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SEO Sai Gr. Hosp.
212455 Points Posted on 29 May 2023

When TDS is reflecting in sec. 192, he can file ITR with form 16 and claim excess refund.

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On 29 May 2023 at 23:35

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