Easy Office
LCI Learning

Tds on salary

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 February 2017 Hi,

Can an salary person avail exemption u/s 87A rs-5000/- for fy 2016-2017 at the time of tds calculation on salary by his employer.?

If he can avail, then how . PLEASE SIR REPLY IMMEDIATELY .

IT'S VERY VERY URGENT

THANK YOU.

15 February 2017 Yes an assessee can claim it, if his/her salary is below 5L. It is deducted from net tax liability.

15 February 2017 Yes, if Taxable income is less than 500000/- than can consider Rs.5000/-u/s 87A.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries