My Company not following income tax slabs and taking 10% income tax direct from monthly salary.

[User_f3047e96]

U

User_f3047e96
PARTICIPANT
February 6, 2025 at 8:21 am

My Company not following income tax slabs and taking 10% income tax direct from monthly salary. They said there are two ways of tax deduction one using tax slabs and they are deducting common tax of 10% monthly from all employees. They said this is how our CA is doing.

I want to know is it illegal or Okay ?

Share

[Megamohit3840]

M

Megamohit3840
PARTICIPANT
February 6, 2025 at 8:33 am

Best bet would be calculate your total tax, then divide by 4. Whatever amount it comes subtract the tax which they are deducting and pay the rest as advance tax on itr potal each quater

Share

[Author]

Posts