Easy Office
LCI Learning

Tds on salary

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 April 2017 Mr. X has income from salary for the FY 2016-17 is Rs.290000.00 and he made investment under section 80C for Rs.48000.00 in LIC.
Is Mr. X salary is liable for TDS. If yes how much tds amount to pay.
Please reply on urgent
Profile Image

CA Idris M K

Profile Image

CA Idris M K (Expert)
26 April 2017 There is no TDS liability on his salary..

However he has to inform his employer about 80C deduction with necessary proof

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



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links