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Tds on salary

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(Querist)
28 September 2014 How to calculate TDS on salary?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
28 September 2014 TDS on salary to be calculated considering the projected annual salary, deductions and allowance and applicable slab for the relevant Assessment Year. Projected Tax liability for the AY is calculated and is deducted in installment from salary of each month. In the month of march balance tax is deducted.
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