Answer

1. F

   Facts

   Each employer deducted TDS as if its salary was your only income. So both gave you the benefit of lower slabs and the standard deduction, and together they deducted less than the tax on your total salary.

2. P

   Provisions and law

   • Sec 192, Income-tax Act 1961 (now Sec 392)Each employer deducts tax from salary at the average rate based on the salary it pays and the details it has.
   • Sec 16, Income-tax Act 1961 (now Sec 19)Standard deduction from salary is allowed once a year: ₹75,000 under the new regime and ₹50,000 under the old regime.
   • Sec 192(2), Income-tax Act 1961 (now Sec 392)An employee who worked for more than one employer in the year can give details of earlier salary and TDS to the new employer, which then deducts tax on the total.
3. A

   Analysis

   Say employer A paid ₹7,00,000 for April to September and employer B paid ₹8,00,000 for October to March. Under the new regime each might deduct little, because each amount alone gets the rebate or low slabs. Your actual taxable salary is ₹15,00,000 less ₹75,000 standard deduction, giving tax of ₹93,750 plus cess. The gap is real tax you pay as self-assessment tax before filing.

4. C

   Conclusion

   1. 1Add gross salary from both Form 16s.
   2. 2Claim standard deduction only once.
   3. 3Compute tax on the total.
   4. 4Subtract TDS from both employers.
   5. 5Pay the balance with interest before filing.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.