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TDS deduction on salary

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Is there any recent update in the submission of investment declarations to avoid TDS deductions from Salary

Can u plz update me
Replies (2)
Originally posted by : pulsu suresh
Is there any recent update in the submission of investment declarations to avoid TDS deductions from Salary Can u plz update me

No recent updates

1.TDS on Salary is deducted by the employer.
2. Employer has to calculate the tax on income from salary and deduct the tax from employee salary.
3. To calculate the tax on income salary, employer has to collect investment declaration from every employee.

I think IT dept wont give any update abou investment declaration.


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