TDS Applicable or not on Salary

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Student CA IPC / IPCC
91 Points Posted on 10 June 2021
Dear all,

If the employee salary is Rs.400000 , wheather we need to deduct tds ? need to file IT return ? Please clarify ?
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On 10 June 2021 at 13:00 Report
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This discussion clarifies when Tax Deducted at Source (TDS) is applicable on employee salaries. Generally, if an employee's total income, after considering deductions, falls up to £500,000, TDS is not required. However, if the salary exceeds this threshold, TDS should be deducted. Filing an Income Tax Return (ITR) remains mandatory even if no tax liability exists.

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CMA
13117 Points Posted on 10 June 2021
No need to deduct tax at source on account of rebate u/s 87A. ITR has to be filed.
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On 10 June 2021 at 13:39
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Learner
2398 Points Posted on 10 June 2021

No Need of TDS

Need to file ROI even though no tax liability

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On 10 June 2021 at 13:56
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Student CA IPC / IPCC
91 Points Posted on 10 June 2021
If the employee salary is Rs.600000 without deductions ? what about tds part ?
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On 10 June 2021 at 14:06
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Chartered Accountant
24588 Points Posted on 10 June 2021
No need to deduct TDS for 400000 rupees but if salary is 600000 rupees then TDS should be deducted
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On 10 June 2021 at 14:32
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CMA
13117 Points Posted on 10 June 2021
Originally posted by : Pavan Kumar
If the employee salary is Rs.600000 without deductions ? what about tds part ?

After considering deductions, if the salary is up to Rs.5 lacs, no need of TDS.

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On 10 June 2021 at 14:43
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Student CA IPC / IPCC
91 Points Posted on 10 June 2021
Thank u all
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On 10 June 2021 at 14:45
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tax consultant
3306 Points Posted on 10 June 2021
No tds for total income upto 5 lacs
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On 10 June 2021 at 16:48
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Student
252 Points Posted on 10 June 2021
No need to deduct TDS, Filing is mandatory
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On 10 June 2021 at 18:47
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Chartered Accountant
24588 Points Posted on 10 June 2021
Your welcome
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On 10 June 2021 at 19:11

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