Interest u/s 234 b and 234 c

Tax planning 17209 views 20 replies

Very good article. I have a doubt  reg 234 B.  In case of a salaried employee with other income from bank interest etc how is this 90% calculated? Does it include TDS from salary or only the tax on other income?

 

Thanks.

 

 

Replies (20)

Very good article. I have a doubt  reg 234 B.  In case of a salaried employee with other income from bank interest etc how is this 90% calculated? Does it include TDS from salary or only the tax on other income?

 

Thanks.

 

 

Thanks Sir,

Very Very useful

 

@ Rani

in salary cases, TDS will be deducted by employer on salary

employee can declare his interest income to him

then interest on bank saving will be calculated and TDS will be deducted on total income by employer

this is the best way

 

Informative Post....yes

thanxx..smiley

Thanks for sharing....BOOKMARKED  yes


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