Tds
This query is : Resolved
05 October 2012
Suppose an employee joins in August 2012 then for the purpose of Tds should I consider 8 Months or 12 Months
Sanket Shah
(Expert)
05 October 2012
without doubt 8 months...
CA Lokesh Pokharna
(Expert)
05 October 2012
yes BEL will be 2 lac but tds for 8 months
05 October 2012
Suppose the person joins my Co. in March with a salary of 75k.So there is no need for me to deduct tds for him.
Sanket Shah
(Expert)
05 October 2012
BEL will be Rs.2L. bt if employee gives details of salary earned from any other employer and tax is also deducted on the same, then you will have consider the same.
Sanket Shah
(Expert)
05 October 2012
if employee joins i march with salary pay of Rs75k, no tax deduction is required provided he has not earned salary from any other employer and disclosed to you.
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