TDS on salary


This query is : Resolved 

11 April 2009 Dear Experts
I am not aware of systems of TDS on salary, Please explain obiously. I shall be grateful for your cooperation.
Thanking you.

11 April 2009 first calculate whole year's salary of an employee , then consider his savings u/s 80C & housing loan. compute his tax liabilty of whole year . deduct this tax amt on monthly basis from his salary.

11 April 2009 Dear Gopal, I have posted an article on this website on stepwise procedure for TDS on salaries. link is here:
https://www.caclubindia.com/articles/article_list_detail.asp?article_id=1936

Visit this link and go through the article. It will help you to understand the system.


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