Hii
My query is how to calculate TDS on Salary income???
Reply at your earliest
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 30 November 2012
Refer section 192 of IT Act 1961.
CHAVDA SANJAY MANSUKHBHAI
(proprietor)
(402 Points)
Replied 30 November 2012
you have to estimated calculate about salary. if the salary is over the exempt limit then you should calculate tax as per his/ her tax salab rate. the tax will be divided by 12. and each month you have to deducted tax and deposited the tax in government account. after the q-3 you have caluculate deduction detail also.
CAclubindia
