Tds on salary
This query is : Resolved
14 November 2015
Hi friends, I work in a Pvt Ltd Co. whose turnover is within Rs.100 crores annually.Salary paid to me is Rs.18000/- per month.I am given Petrol allowance of Rs.2000/- monthly.In this case I would like to know whether TDS is deductible or not? Experts please guide me.
14 November 2015
Your total salary is below the minimum taxable limits ( Rs 2.5 Lakh per annum) hence No TDS..
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