tds

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Querist : Anonymous (Querist)
03 September 2010 if one salaried employee who earns salary 30000 per month.He wants to deduct tax in last two months of the year.is it possible.if not the from when tax is to be deducted

03 September 2010 No. Not possible.

03 September 2010 As per sec.192, TDS on salary need to be calculated on yearly basis and deducted monthly installment, it is responsible of the employer, so monthly deduction only possible


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