Summary of My Salary and Tax Details
My total salary is ₹11,06,993. After applicable deductions under Section 16 amounting to ₹75,000, my taxable income stands at ₹10,31,993. The total income tax calculated on this amount is ₹54,799, along with a health and education cess of ₹2,192. Therefore, my total tax liability comes to ₹56,991.
The total TDS deducted and deposited against my salary is ₹56,991, which is exactly equal to my tax liability.