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Sec 192

This query is : Resolved 

26 December 2013 when to deduct tax u/s 192 ???what deduction we should considered explain the process.thanks in advance

26 December 2013
Refer this it will ans all ur queries.
https://www.caclubindia.com/forum/salary-its-meaning-amp-how-to-calculate-tds-on-salary-easily-232338.asp#.UryWU9JDtA2

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26 December 2013 tds should be deducted on average basis i.e you have to calculate the expected income after giving all the deductions availaible to a individual.Then calculate the tax on it and deduct in 12 equal installments.


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