Tds on salary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2017
Mr. X has income from salary for the FY 2016-17 is Rs.290000.00 and he made investment under section 80C for Rs.48000.00 in LIC.
Is Mr. X salary is liable for TDS. If yes how much tds amount to pay.
Please reply on urgent
Is Mr. X salary is liable for TDS. If yes how much tds amount to pay.
Please reply on urgent
CA Idris M K
(Expert)
26 April 2017
There is no TDS liability on his salary..
However he has to inform his employer about 80C deduction with necessary proof
However he has to inform his employer about 80C deduction with necessary proof
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