Hi everyone
I joined a new organization in Dec last week.
I didn't declare my previous salary details.
Does that make less deductions in the current company as only 2 more months in the current financial year?

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Posting as :
works at
You are currently posting as works at

I declared it but it still got rejected 😥

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Yep

You calculate that beforehand as per Income tax department you are liable to pay 90% of tax by March or they will charge a penalty.

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Last year.
I got a refund of around 45k. With around 10+ LPA Annual CTC.
This year from the last week of December. My Salary is 20+ LPA.

As I haven't declared my home loan yet. Will the Tax deductions cover it. Even though I haven't declared my previous salary to the new company.

According to this I think I paid most of the taxes. Correct me if I am wrong.

Since you didn't declare your previous income, the tax deductions will be less in your current company.

Remember to ask for an IT computation sheet from the previous employer.

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Can we submit the previous salary income next month?

Do I need to pay more tax while filling ITR ?
In my previous and here I didn't submitted any declarations.

Yes you have to pay tax while filing ITR

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And they didn't deducted 30% on my joining bonus?
Is it due to same reason?

Is 30% deduction on joining bonus is Standard?

They just deduct 30%. For less deductions on next months ?

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