Tds on salary
Querist : Anonymous
Now the Tax Will Be Rs.50000/-@ 10% =Rs.5000/-
Less- Tax Rebate (87A) = Rs 2000/-
Now the Tax amount will be Rs.3000/- and Cess@3% will be Rs.90/-.
Hence the Total Tax amount will be Rs.3090/-
Now we have deduct the same from the monthly salary of the person in the 12 months (i.e. Rs.257/- for 6 months and. Rs.258/- for 6 months).
Now Let we have deposit the TDS of Rs. 257/- or Rs. 258/- in a month.
When we deposit the same can we put the total amount Rs. 257/- or Rs. 258/- in the Tax Column of ITNS 281?
Or
We have to put the Tax element and the Cess element of Rs. 257/- or Rs. 258/- separately in the respective column of ITNS 281 Challan?
Querist : Anonymous
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