banner_ad

Tds liability in casevof salary

204 views 3 replies
Dear Sir,

if salary given by imps or neft or cheque,
than tds liability arise after 250000
but my question is gross total income upto 250000 or salary credited in bank account is 250000

250000 salary celling is before standard deduction of 50000 or after standard deduction u/s 16

Thanks
Dr. Ajay Jajodia
Replies (3)
If after std deduction salary amount is less than 5L then no tds is required to be deducted.

In your case TDS won't be applicable as you are saying total salary is below 2.5 Lakhs.

The ceiling limit is after reducing standard deduction, any other deduction for investment (80C,80D etc.) and after taking into account the rebate u/s 87A


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

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
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details