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Tejas Gandhi   27 January 2020

TDS on salary

i m paying 25000 monthly salary to x. am. I suppose to deduct TDS on the Said amount yearly total payment 300,000

 5 Replies

CA. Nirmeet Shah

CA. Nirmeet Shah (Chartered Accountant)     27 January 2020

No TDS is require to be deducted under section 192 for AY 2020-2021.


CA SANDESH MAHIPAL (Practicing in GST and MSME )     27 January 2020

TDS is to be deducted on estimated amount of taxable income of employee.
In your case, no income tax liability arises. So no TDS is to be deducted.
Kapadia Pravin

Kapadia Pravin   27 January 2020

On yearly payment of 3 lakhs, employee gets standard deduction of 50000/- So income falls to 250000/- and hence no TDS on salary.
CA Kiran Sutrave

CA Kiran Sutrave (CA)     27 January 2020

Not needed. If employee does not provide PAN / Aadhar No. then TDS @ 20.80%
Dr. Rajendrakumar N. Suryawans

Dr. Rajendrakumar N. Suryawans   28 January 2020

There is no need to deduct tax.

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