TDS(For salary)

I don’t think there is any tax liability.

iincome taxable under head salaries is more than basic exemption limit there is responsibility to deduct TDS

But, after giving deductions for PF and NSC taxable income is NIL for the employee , hence need not deduct any tax...

as taxable income is NIL tax shal not be deducted/...

Gross Income of Shri.Somnath

Salary                                                      -   Rs. 184466/- (153466+31000)

Add :Bonus                                            -   Rs. 15000/-

Total Income                                          -   Rs. 199466/-

Less: Deductions under section VI A -  Rs.46568/-

Net Taxable Income                              - Rs.152898/- is less than Individual Slap Rs.1,60,000/-

Deductions Break up

Provident Fund contributions (PF)     -    10068

Professional Tax (P.Tax)                    -        1500

80C NSC savings                               -      35000

There are no tax liability after all taking in consideration as provided by you.

hi niloy,

there is no tax laibilty of me somnath

kkkkjuuiiiiiiiiiiiiiiiiiiiii