PROCEDURE OF TAX{PROBLEM}

HELLO FRIEND,

                           WHAT STEP OF TDS ON SALARY BASES WHICH ASSESSMENT YEAR CALCLUTATE LIKE PY 07-08, AY 08-09 WHICH BASES CALCULTATE TDS.

Replies (3)

TDS is on taxable salary

TDS have to be deducted at the rates applicable to the financial year and it has to be deducted from the total income of the employee.

Refer Section 192 and Rule 30

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