Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2013 Hi,
If Someone's salary is 25000/- How much TDS will deduct?

10 August 2013 TDS Will be deduct Rs 10300/-.
But you can consider exemption/benefits before deduction.

16 August 2013 Yes, for salary assesse tds is computed after considering savings and other income of salary individual

Please note new section 87A which provides Rebate of Rs.2000 for individuals having total income less than 5 lakhs

refer

https://www.caclubindia.com/forum/new-income-tax-rebate-rs-2000-sec-87a-241553.asp#.UUlszRwZ115


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