Menu
Tds deduction from salary - monthly
Replies (5)
Dear Pooja , So many things need to be considered for arriving at exact TDS amount.
But for now:
Gross salary-326880
Less-9288(PF)
Less:-2400(PT)
Net Income-315192/-
Tax-6715
Monthly TDS-560/-
Dear saloni ;
you have not claimed the additional tax rebate of rs. 2000 u/s 87a balance tax will be rs. 4655/- and monthly TDs will be rs. 390/- approx.
Agree with Mr. Naveesh Dhar
Rebate u/s. 87A is available for FY 2014-15 also.
Okkk Yes I forgot that. sorry!!
Check this link for excel add in to calculate tax..
/forum/income-tax-excel-add-in-289794.asp
Thanks
Recent Threads
- ITR for Trust- 12A
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhaar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
- Can a LLP Park money in MFs and do F&O
- ACCOUNTING TREATMENT FOR FIXED ASSETS STANDING AT
- GST Rule 14A and Form GST REG-32: Simplified Regis
- Filed Hotel commission from International Company
Related Threads
CAclubindia
