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TDS On Salary
My gross salary is 100000 P.M and after deductions take home is 90000 in this case while deducting tds by employer which will he consider 100000 into 12 minus deductions or 90000 into 12 minus deductions.
Replies (5)
What type of deduction ?.
Pf and esi
Normally TDS is deducted on estimated yearly salary .
For TDS deduction employer will consider your income then after any deduction like 80C , 80D etc calculate tax liability and deduct TDS
Some times deductions are not Sure or Confirm that time , we have to deduct TDS estimated salary .
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