banner_ad

TDS on Salary

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 January 2008 kindly give the details of deducting TDS on salary, thak you
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
25 January 2008 What details?
Profile Image

R.V.RAO

Profile Image

R.V.RAO (Expert)
25 January 2008 SECTION 192 OF IT ACT DEALS WITH SALARY TDS
NO TDS DEDUCTIBLE UNLESS THE ESTIMATED SALARY EXCEEDS THE THE AMOUNT NOT CHARGEABLE TO TAX .
NOTIFIED ALLOWANCES UNDER SEC 10 (14) NOT SUBJECT TO TDS.
HRA AND OTHER ALLOWANCES ARE TAXABLE AFTER ALLOWING CURRENT APPLICABLE DEDUCTIONS.
THE EMPLOYER CAN ALSO CONSIDER VARIOUS DEDUCTIONS LIKE 80 C ,80CCC, 80CCD,80D,80DD,80DDB,80E,80GG AND 80 U ETC...SUBJECT TO DOCUMENTARY EVIDENCE PRODUCED.
PERQUISITES TAXABLE WILL BE VALUED AND TAXED AS PER APPLICABLE CURRENT LAW.
EMPLOYER CANNOT ALLOW DEDUCTION UNDER SEC. 80 G-DONATIONS FOR CHARITABLE PURPOSE.OTHER CONTRIBUTIONS SUBJECT TO 50%DEDUCTIONS ARE ALLOWABLE.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details