TDS on Salary FY 23-24


This query is : Resolved 

Quick Summary
This discussion clarifies when Tax Deducted at Source (TDS) is required for salary income in the Financial Year 23-24. Generally, if your total income, including salary and other sources, exceeds the basic exemption limit, TDS deduction and filing may be necessary. However, even if no TDS needs to be deducted, you might still be required to file a TDS return.

27 May 2024 X having Salary Rs.450000.00
Other Income Rs.150000.00
Investment Rs.150000.00

Is tds is require to be deducted and TDS return to be file or not.

27 May 2024 No TDS required in such a case and TDS return to be filed as income above basic exemption limit.

28 May 2024 If no other income and no investment
only salary 450000/-


28 May 2024 No TDS need to be deducted but TDS return has to be filed.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query