09 November 2012
For TDS on salary yearly salary should be fixed approximately. On allowing all deductible deductions then the tax on salary for that F.Y. should be calculated. The calculated tax should be divided by 12 (months. Then the monthly TDS amount to be deposited to govt A/c in 281 challan with in next month 7th date.
After getting the Form16 from the employer the Salaried staff may file his/her individual ITR. So before filing ITR by the staff the Employer should duduct TDS on his/her salary
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