Dear Chetan
tds would be on salary-180000
ie if salary is 300000
then 300000-180000=120000(taxable salary)
tds is on 120000
Tds on salary: pan not quoted
Page no : 2
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 19 May 2012
1st- TDS will be dudected on 180000 @ 20%.
2nd- File return. get the refund.
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