Tri-Cities India > Blog > Sports > ITR: Do you need to file tax return if TDS has been deducted? Explained
ITR: Do you need to file tax return if TDS has been deducted? Explained
ITR filing FY 2024-25: Indian taxpayers often wonder if filing an Income Tax Return (ITR) is necessary when Tax Deducted at Source (TDS) has been deducted. Experts clarify that filing an ITR is indeed mandatory, even with TDS deductions. TDS doesn’t confirm overall tax liability, which might differ from the deducted amount. ITR filing FY 2024-25: Indian taxpayers often wonder if filing an Income Tax Return (ITR) is necessary when Tax Deducted at Source (TDS) has been deducted. Experts clarify that filing an ITR is indeed mandatory, even with TDS deductions. TDS doesn’t confirm overall tax liability, which might differ from the deducted amount.
Search
Recent
- Trump clear, ‘Iran can’t have nuke says, US spokesperson’; US issues 30+ security alerts
- Israel-Iran: Trump may consider joining Israel in striking Iran’s nuke sites; report claims
- IndiGo flight from Delhi to Srinagar diverted to Chandigarh due to bad weather
- Stampede deaths: BJP puts caste spin on police officers’ suspensions
- Fungus, not insect, is true source of prized lac pigment: Indian Institute of Science studeyt