TDS on salary
This query is : Open
jesal viradiya
(Querist)
06 June 2016
hello sir/ma'am,
I have completed my MBA. I am working in a company as a Management Trainee and my salary is 5,50,000. TDS will be applicable to my salary or not? and if yes then how much ?
CA R SEETHARAMAN
(Expert)
06 June 2016
TDS applicable to your salary. If there is no deductions claimable 35,000 TDS to be deducted.
Message likes :
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CA Rohit Jain
(Expert)
06 June 2016
yes... TDS will be deducted from your salary... exact amount of TDS depends upon your other income, losses under house property, deductions U/s section 80c to 80 u.
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