banner_ad

Tds on salary 192 for 2017-18 fy

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 June 2017
Our society hired Manager from 1st June 17 and the gross salary fixed per month is Rs.70000/- The salary for present financial year 17-18 for 10 months is Rs.700000/- and if he has 80C deduction of Rs.150000/-

Kindly reply what amount I had to deduct TDS from salary and to deduct monthly or quarterly ?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
03 June 2017 Total Taxable Payable: 23,175.00, deduct monthly Rs. 2,318.
Profile Image

Sreejith. M

Profile Image

Sreejith. M (Querist)
03 June 2017 Sir thanks for the reply. If you can explain how this figure arrived, it will be helpful for others also.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
03 June 2017 Tax payable calculated from the tax calculator of IT dept site. The salary is for 10 months hence divided by 10 for monthly equal deduction.
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
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details