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Re: Form-24Q Monthly Taxable Income showing as "1" and TDS "0"

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Hi Chetan,

I understand that it is standard behavior of /4MI to reflect value of 1 when it becomes <=0. So to avoid that, can I use constant INMWT & feature 40MWT?. Our payroll team is ready to refile it for previous quarters when recalculation of wagetype /4MI happens. Also, I want to know whether choosing return value as"0" for feature 40MWT is good.

Request someone to suggest me as I never used this option.

Best regards

Lalitha


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