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Tds on salary

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saurabh kumbhat

saurabh kumbhat (Querist)
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21 December 2014 whether tds will be deducted by employer on notice pay deducted from employee final settlement.

Ravikant (Expert)
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21 December 2014 Notice pay is to be deducted from the Gross Salary and hence TDS is applicable only on the Net Salary excluding Notice pay.

CA Kumar Mukesh

CA Kumar Mukesh (Expert)
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21 December 2014 Agree with Mr Ravikant Views

Rupesh Jain

Rupesh Jain (Expert)
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22 December 2014 tds on salary will be deducted on total earning . notice pay not deducted from your earning.

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