Tax planning
Is my employer deducting the right TDS each month? Employee-side check
What this means, checked by a CA
Your employer estimates your whole year's salary and deducts tax each month at the average rate. We recompute your year's tax from your payslips, declarations and other income, tell you if the monthly TDS is too high or too low, and show what to give HR so the rest of the year comes out right.
₹999
Yearly, best done in April, after the first quarter and again in December, + 18% GST
- Delivered in 2 working days after payslips and declarations
- Due: Any month of the tax year; most useful before the January proof deadline so the last months can still be corrected
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 8 items
Latest three payslips
Shows monthly TDS and salary heads
Offer letter or CTC breakup
Estimates full-year salary
Regime chosen with employer
Default is new regime
Form 124 declaration and proofs
Exemptions and deductions considered
Previous employer salary and TDSOptional
Avoids double slab benefit
Other income and house property lossOptional
Can be given to employer
Form 168 or AIS extract
Confirms TDS is deposited
Perquisites, bonus, arrears expectedOptional
Changes the average rate
DiscussionWhat we discuss · 5 items
Which regime did you tell HR, and which is better for you?
Wrong regime is the commonest gap
Did you join mid-year or have a second employer?
Each employer may give the full slab
Any bonus, arrears, RSU vesting or perquisite due later?
Raises the average rate in later months
Do you want other income taxed through salary TDS?
Saves advance tax and interest
Have you submitted proofs, or will you claim in the ITR?
Decides correction now or refund later
FormsForms we file · 6 items
Estimate full-year salary from payslips, CTC and expected variable pay
Paid so far plus remaining months plus known bonus, arrears and perquisites
Where: Our working sheet. Due: Any month
Compute tax under the chosen regime and the other regime
Taxable salary after standard deduction and allowed exemptions; slab tax, rebate, surcharge and cess; minus relief
Where: Our working sheet. Due: Same day
Compare: tax for the year minus TDS already deducted, divided by months left
Expected monthly TDS versus actual; gap shown per month (the employer may adjust it in later months)
Where: Our working sheet. Due: Same day
Check TDS credit actually reaches the PAN
Where: https://www.incometax.gov.in (Form 168 / AIS). Due: After each quarterly TDS statement
Give the employer what is missing: regime intimation, Form 124 with evidence, previous employer details (Form 122), other income
Where: Employer HR or payroll portal. Due: Before the next payroll cut-off
If the year is over, settle the gap in the ITR: claim refund or pay self-assessment tax
Where: https://www.incometax.gov.in. Due: With the ITR
DeliverablesWhat you get · 3 items
TDS check note with monthly gap
When: 2 working days
Regime comparison
When: With the note
List of documents for Form 124 or Form 122
When: With the note
Your Savvy is a verified professional. Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.