Think 10% TDS means your taxes are sorted? Not always.

If you earn a salary and also make money through consulting, freelancing, or any side income, your client may deduct only 10% TDS under Section 194J. But your actual tax liability could be much higher depending on your total income.

In this Short, we explain:
• Why 10% TDS isn't your final tax
• How side income is taxed
• When Advance Tax becomes applicable
• Why Sections 234B & 234C can lead to interest on unpaid tax
• A real-life example to understand the concept

Watch our channel for practical, easy-to-understand videos on personal finance, taxation and wealth creation.

⚠️ This video is for educational purposes only and should not be considered tax advice.

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