Tds deduction


This query is : Resolved 

(Querist)
31 May 2014 hello sir,
i am employee of a company & there is my salary 50k p.m. but i am joined as on dated 24/04/2014 so i received only 7 days salary approx 11667.00. so i ask you this amount will be tax deductible or no.

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Guest (Expert)
31 May 2014 DONT WORRY DEAR..THEY WILL ADUJUST THIS AMOUNT IN NEXT MONTH..AS IT IS START OF YEAR AND U HAD BEEN THERE ONLY FOR 7 DAYS.. SO CO. HADNT DONE SO.... THEY WILL DO THAT

Rupesh Jain (Expert)
31 May 2014 company will calculate your tax on salary from joining date to 31.3.2015. and deduct the tax accordingly.


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