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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TDS Applicable or not on Salary
Replies (9)
Quick Summary
No need to deduct tax at source on account of rebate u/s 87A. ITR has to be filed.
No Need of TDS
Need to file ROI even though no tax liability
If the employee salary is Rs.600000 without deductions ? what about tds part ?
No need to deduct TDS for 400000 rupees but if salary is 600000 rupees then TDS should be deducted
| 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.
Thank u all
No tds for total income upto 5 lacs
No need to deduct TDS, Filing is mandatory
Your welcome
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