Tds on salary
This query is : Resolved
19 December 2015
my client has an employee who is given basic salary + TA+commission.his annual salary comes to be around 375000.
but the pblm is that the salary differs in each month depending upon the Travel he has done and commission paid.
QUERY : how my client can estimate and deduct TDS here??
CA R SEETHARAMAN
(Expert)
19 December 2015
Start deduction from April based on last year's payment. Review in December and revise the estimate and in March deduct it for actual as time is available up to 30th April.
CMA Ramesh Krishnan
(Expert)
19 December 2015
you can estimate initially with basic salary only and start deducting. anyways travelling allowance is not taxable, only the commission will be differ in taxable income that can be consider on quarter end and accordingly that particular quarter you can add and deduct the TDS
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