TDS on salary is a tax deducted by the employer at the time of paying the salary to the employee. As a result, your employer deducts and deposits your money with the government on your behalf.
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Whenever the employer deducts TDS over and above the actual tax liability, a TDS Refund claim must be filed. Keep track of your hard-earned money by claiming your TDS refunds and checking your TDS amount online or offline. Taxpayers should check their tax deductions and deposit taxes in their pay accounts.
HERE IS HOW TO CLAIM YOUR TDS REFUND:
Taxpayers can claim TDS refunds by mentioning the deduction in their income tax returns. The excess amount will be refunded to the linked bank account after the Income Tax department confirms the verification. The last date to file your income tax return (ITR) for FY (Financial Year) 2022-23 is July 31, 2023.
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HERE’S HOW TO CHECK TDS AMOUNT ONLINE:
Step 1: Visit the official website www.tdscpc.gov.in/app/tapn/tdstcscredit.xhtml.
Step 2: Once on the website, you will be prompted to fill in a verification code. After entering the code, click on the ‘Proceed’ button.
Step 3: Next, you will need to provide your PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number). You will also need to select the financial year, quarter, and type of return you are interested in.
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Step 4: Once all the required details have been entered, click on the ‘Go’ button. The website will then display the relevant details on the screen.
By following these simple steps, you can easily access important TDS and TCS-related information from the official website, and stay up to date with all the latest developments related to tax deductions and collections.
