scorecardresearchIncome Tax Filing: Why should you file the income tax return even after paying TDS?

Income Tax Filing: Why should you file the income tax return even after paying TDS?

Updated: 26 Jul 2022, 12:27 PM IST
TL;DR.
There is a difference between tax deducted at source (TDS) and filing income tax return. We explore the difference here.
When the tax liability is lower than the TDS paid then you need to apply for a tax refund.

When the tax liability is lower than the TDS paid then you need to apply for a tax refund.