14 September 2012
I would like to know that should we deduct P. Tax on the actual salary paid or the gross monthly salary payable.
For example, if Mr. A is entitled to a monthly salary of Rs. 10000, but due to leave adjustment his salary is reduced to 9000. Then, what will be the amount of P. Tax to be deducted? Will it be Rs. 110 or Rs. 90? (As per West Bengal P.Tax slab)
CAclubindia
