TDS Calculator

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48 Points Posted on 03 August 2024
Has the Income Tax Site updated TDS Calculator post Budget announcement
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On 03 August 2024 at 16:34 Report
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This discussion queries whether the official Income Tax website has updated its TDS calculator following the recent Budget announcement. The user notes discrepancies in tax calculations for an income of Rs 8 lakhs, stating it should not be nil. They also compare this with ClearTax's calculation for Rs 7.85 lakhs income.

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SEO Sai Gr. Hosp.
212503 Points Posted on 03 August 2024

No. Not yet.                  

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On 03 August 2024 at 17:25
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48 Points Posted on 03 August 2024

Clear tax  updated calculation is Nil tax  for Rs.8 lakhs income, but calculate Rs.10400/= as tax for 7.85 lakhs income.

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On 03 August 2024 at 17:52
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SEO Sai Gr. Hosp.
212503 Points Posted on 03 August 2024

Tax calcilation is not correct for 8 lakhs income, it cannot be Nil.

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On 03 August 2024 at 18:45

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