TDS on Salary
This query is : Resolved
Mrityunjay
(Querist)
28 May 2010
Dear all,
what is the procedure to deduct the TDS from salary, pls explain me with Eg
Regards
Mrityunjay
what is the procedure to deduct the TDS from salary, pls explain me with Eg
Regards
Mrityunjay
Shyam Lal Naik
(Expert)
28 May 2010
Estimate the Income Tax payable by the employee on the basis of his salary, other income and investments etc. reported by the employee.
Deduct the tax in equal instalments during the remaining months of the year.
The instalment/amount can be increased/decreased if there is any change in the data used for estimate.
Deduct the tax in equal instalments during the remaining months of the year.
The instalment/amount can be increased/decreased if there is any change in the data used for estimate.
CMA.Palani Arumugam
(Expert)
28 May 2010
Agreed.
28 May 2010
AGREE WITH MR. NAIK
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