Tds on salary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 September 2012
My Gross salary is 40000,
Basic - 14000
HRA-7000
DA-4200
Conveyanc Rs.800.00
EA Rs.200.00
Other allowence- 1800
How much wll be my TDS?
Basic - 14000
HRA-7000
DA-4200
Conveyanc Rs.800.00
EA Rs.200.00
Other allowence- 1800
How much wll be my TDS?
Pankaj Gupta
(Expert)
18 September 2012
Calculate your annual estimated income.
Then take all the estimated exemptions u/s 80c etc. calculate the tax on this estimated income. Divide this tax by 12. This will give your monthly tds to be deducted.
Then take all the estimated exemptions u/s 80c etc. calculate the tax on this estimated income. Divide this tax by 12. This will give your monthly tds to be deducted.
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