12 June 2014
TDS on salary should be deducted after taking deduction of Chapter (VIA) except 80G, if you have no deduction then TDS on Your Salary is to be caculated as follows, Rs.(300000-220000)*10.30% =Rs.8240 TDS should be deducted on monthly avg. basis i.e. Rs.8240/12 your employer should be deduct your TDS Rs.687 per month.
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