How much tax will be deducted if current CTC is 16lpa fixed and prev ctc is 8.5lpa. Since I have joined on June, they have not deducted anything as they deducted 7700 as income tax. So is everything correct or wrong ?. Please let me know

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Seems ok... Since your last salary was 8.5 then you were not liable for any tax.


Now you are in tax brackets... So your tax are deducted.

Make sure you give your provisional for 16 or 12B to your current company... So that they will get to know about your earnings from March to June.

Else those income will not be added and not be taxed... And if any tax liabilities comes up for that then you will have to pay interest as well on the same.

I have given my form 16 and form 12b to my current company at start of my onboarding.

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I live with my mom (Property owner) in delhi and pay 16.5k pm as house rent for HRA deduction.

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1. Can I pay 5 lakh and show as house rent in HRA while filing ITR?
2. Total yearly rent is 16.5 × 12 = 198k. Can I show remaining amount i.e. 302k as Rent for next year?

Thanks in advance.

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We can help you in tax planning and getting tax refund upto 2.5 lacs.Let us know if seeking help/clearification.

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