Tds on salary

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Dear All

If an Employee's Gross Taxable Salary per Annum is 2,40,000/- having No Pan ,What should be his IT for F.Y 2012-13 ?

48000/- or 8240/- ??

Replies (2)

Hi,

 

Considering Rs.240000/- is the Taxable Income under the heads of Salaries his Income Tax for the FY is Rs.5,150/- inclusive of Cess & SHEC.

 

Thanks.

Gireesh

Please read the question carefully Gireesh , u r wrong , he is having no PAN


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