banner_ad

Tds deduction

TDS 236 views 3 replies

How to calculate TDS for a salaried person? and want to know other allowance amount( Overtime , National Holiday Wages , Bonus ) will add for calculating TDS ?

What is the TDS Percentage?

Replies (3)

TDS on salary is based on average rate of tax on total income, actually everything which comes under the head salary is liable to tax deduction.visit this link for clarification https://www.charteredclub.com/tax-on-salary

Employer paid to emplyee i.e. if there is employer and employee relationship then any payment like salary, Bonus, Commission, Incentive, Over Time whatever named called it's taxable under income chargeable under the Head "Salary", So TDS will be attract U/s 192 according to Income Tax Slab as Salary income......

agreed with above both answer.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details