Has Your Employer Deducted More TDS Than Required? Here's How to Check

🎬 Watch: How to Check Excess TDS & Claim Refund

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Introduction

Have you ever checked your salary slip and felt that the TDS (Tax Deducted at Source) deducted by your employer is higher than it should be? You're not alone. Many salaried employees in India face this issue every year. The good news is that you can check, verify, and even claim a refund if your employer has deducted more TDS than required.

What is TDS and How Does It Affect You?

TDS (Tax Deducted at Source) is the tax your employer deducts from your salary before paying you. It is based on your estimated annual income and the tax regime you choose. However, if you do not submit investment proofs (like 80C, 80D) on time, your employer may deduct a higher amount.

• Employer's role: Calculates TDS based on your salary and declarations.
• Your role: Submit investment proofs and choose the right tax regime.
• Excess TDS: Happens when deductions are not considered, or income is overestimated.

At Liquetax, we help you check your TDS, correct it, and claim your refund.

Why is TDS Verification Important for Salaried Employees?

• Don't overpay tax: Excess TDS reduces your in-hand salary. You can avoid this by timely submission of proofs.
• Claim refund: If TDS is deducted more than your actual tax liability, you get a refund after filing ITR.
• Avoid tax notices: Mismatch between TDS and your income can trigger a notice from the IT department.
• Better cash flow: Correct TDS ensures higher take-home salary throughout the year.
• Interest on refund: If the refund is delayed, you may earn interest under section 244A.

Who Can Check & Claim Excess TDS?

• Salaried employees whose employer deducts TDS on salary.
• Any individual with income from salary, business, or profession where TDS is deducted.
• Must have a valid PAN and file ITR to claim refund.
• No minimum salary limit – even if TDS is deducted, you can verify and claim.

Step-by-Step Process to Check & Claim Excess TDS

1. Check your Form 26AS / AIS: Log in to the Income Tax portal and download your Form 26AS. It shows all TDS credited against your PAN.
2. Compare with salary slip: Match the TDS amount on your slip with Form 26AS. Any difference means excess or short deduction.
3. Calculate actual tax liability: Use your total income and deductions (80C, 80D, etc.) to compute your correct tax.
4. File your ITR: Claim the excess TDS as a refund while filing your Income Tax Return (ITR).
5. Track refund status: After filing, monitor the refund status on the IT portal. Refund is usually credited within 4-6 weeks.
6. Contact Liquetax: If you need help, our experts can verify your TDS, file ITR, and get your refund faster.

Documents Required for TDS Verification & Refund

• Form 26AS / AIS – from the Income Tax portal.
• Salary slips – all months of the financial year.
• Investment proofs – 80C (PPF, ELSS, LIC), 80D (health insurance), 80E (education loan), etc.
• Home loan statement – for interest deduction under 24(b).
• Bank statements – to verify interest income.
• Previous ITR – for reference (if any).

Government Fees & Other Costs

• No government fee for checking TDS or claiming refund.
• ITR filing fee: Nil if filed by yourself. However, if you use a professional, fees apply.
• Liquetax charges: Starting from ₹1,999 for ITR filing (including TDS verification and refund claim).
• Additional services: For complex cases, charges may vary.

How Liquetax Can Help You with TDS & Refund

• TDS verification: We check your Form 26AS against your salary slip to identify excess deduction.
• Maximum deductions: We ensure you claim all eligible deductions to reduce your tax liability.
• Error-free ITR filing: We file your return accurately so that your refund is processed quickly.
• Refund tracking: We help you track your refund status and follow up if delayed.
• Notice response: If you receive a notice, we handle it end-to-end.

With over 12 years of experience and 10,000+ ITRs filed, Liquetax is your trusted partner for tax compliance.

Client Success Story – Mr. Arjun’s TDS Refund

Frequently Asked Questions (FAQs)