As govt. extended deadline for making investment/payment to avail deduction under chapter VI -A of sec 80C to 80G.
So if any employee make any investment in the month of may and TDS for the month of march paid by company till april 30.
Isnt it make the calculation of TDS on salary wrong?
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TDS on Salary
Replies (3)
Quick Summary
@ Amandeep Singh
If any co. deduct TDS on salary with higher amount and investment is made in the m/o May or June, the employee can still take the benefit of investment/donation made afterwards while filling his Return of Income.
If any co. deduct TDS on salary with higher amount and investment is made in the m/o May or June, the employee can still take the benefit of investment/donation made afterwards while filling his Return of Income.
@ Mr Amandeep Singh.,
Isnt it make the calculation of TDS on salary wrong?
- No more problems.
- Any mismatches then You can rectify through filing of ITR.
- At the time of computation of Your income if TDS is excess then claim refund... in case tax us shortfall then You can pay the balance amount...
Isnt it make the calculation of TDS on salary wrong?
- No more problems.
- Any mismatches then You can rectify through filing of ITR.
- At the time of computation of Your income if TDS is excess then claim refund... in case tax us shortfall then You can pay the balance amount...
You can claim while filing of ITR
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