TDS @ 20% on salary

Option A is right. However, rate must be 10%(as per slab). Why are you applying 20%?

Am not agreeing with you jayesh , pls read my querry fully

If employee has not furnished his/her PAN no. then TDS will be deducted @ 20% which is higher than the apllicable rate of 10% in the present case. This is as per section 206AA.

Methodology A sholud always be followed for deducting TDS from salaries as tax is chargeable on "estimated net taxable income" after providing for all the allowable deductions under sectoin 80C, 80D, PF, etc. whichever applicable.

1st option is right                           

Hey Ajay, m sorry, 20% rate is correct (since PAN is not available). But still, option A would stand correct.

Option A is OK.

Option A is right.

My Dear friend , option( A) is always followed,if PAN number is provided....as per normal rate of tax....u should also considered,deduction of sec80.....

Option( B) is followed when no pan is provided...ie...Rate is 20%....

agree with,Mr Ravi.......

agreee with ravi

20% rate correct when PANNOTAVBL

Option A Is Right

 & 20% Tds rate Used When PANOTAVBL

Dear All

All of you are telling Option A is correct but I think Option B is correct

Y because in E-TDS return u have to mention Higher Rate 20% on salary

If Option A is taking his salary should be 4120/- only accordingly 20% is 824

In all case when PAN number is not provided the rate of TDS will be 20% as explained by Ravi thapa....

If u r telling option A is right

what is his gross salary ? that   X 20% should be 824/- in e-return