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??
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.
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- Reporting Income under Section 44ADA
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
