Employee CTC Rs.6.00 lac for 2013-14 after all exemption TDS Payable was Rs.27708.00 Company paid Employees TDS & recover from Employee . In that Case while filling the Employees Personal ITR for 2013-14 what will be the amount of Tax he have to pay?
19 September 2014
If total tax payable on salary after considering all exemptions and deductions is deducted and paid by the employer and employee does not have any other income other then this one, then there will be no tax to be paid by the employee while filing his personal ITR.