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Clarification on tds

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Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2017 I am working in a private organisation where in my basic + VDA is 39500 and other allowances are 57500 and transport allowance is 2000.00. This is per month. What should be the TDS deduction per month.

My deductions are PF1800 and Professinal tax 200 apart from TDS of 8000.

I feel the TDS deducted is more. Please suggest.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

10 June 2017 Unable to calculate without knowing the full details of other allowances, if you consider the other allowances as taxable & considering only PF under 80C then the TDS deduction is less only compare the tax liability

Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2017 Thanks for your quick reply. I have home loan of 24000 per month
15000 ppf per anum
1.2 lakh a of LIC premiums
6000 mediclaim under 80D
5000 donation

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