Tds on salary


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 November 2013 Can u please tell me how to calculate tds on salary?Is it fixed for all months?

26 November 2013 Dear Sreelakshmi,

TDS on salary is calculated on average tax rate. if the salary remains same through out the year, the TDS per month shall remain same. However any upward or downward adjustment in salary would result in upward or downward adjustment respectively in the TDS amount too.

For a detailed understanding on all the issues related to TDS on salaries, please refer:

https://law.incometaxindia.gov.in/DIT/File_opener.aspx?page=CIR&schT=&csId=ebe64185-2729-4f28-b43a-2357654b8553&crn=&yr=ALL&sch=&title=Taxmann%20-%20Direct%20Tax%20Laws

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 November 2013 Thank You Very Much for the help.

27 November 2013 you are welcome...


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