Tds on salary
This query is : Resolved
21 January 2014
I hv started working from 1.01.2014 with a company. prior to this I wasnt working with any company.. and that I dnt hv any other income..
the query is I dnt want tds to be deducted for my 3 mnths salary from 1.1.14 to 31.3.14. ie this f.y. 2013-14 cuz it is below the basic exemption limit.. am I supposed to file form 12b ??
22 January 2014
no need...given that there is no prior income and the expected income for next three months is less thane exempted limit, your employer shall not deduct any tax anyways.
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