Taxation of ESOPs in India

Company is deducting TDS @ 30% slab rate on ESOP. However, I fall under 20% slab rate. Can I claim return while filling my ITR-1 Return for this extra TDS deducted?

Hey @riya_gupta

Yes, you can claim all the TDS Deducted by your employer while filing ITR. If the deducted TDS is more than your total tax liability then refund of the same will be issued once filed ITR is processed by the IT Department.

Read more about ESOP Taxability here