Easy Office
LCI Learning

Section 192

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 May 2013 if salary of an employee is below 200000, is employer required to deduct tds u/s 192 while paying him salary?
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
29 May 2013 dear sir
exempt limit as present Rs. 200000/-
then no tds to be deducted
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
29 May 2013 TDS deduction required only if taxable income after all the deduction is more than exemption limit. In the given case TDS deduction not required.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Pankaj Gupta

Profile Image

Pankaj Gupta (Expert)
29 May 2013 No TDS should be deducted in your case as the salary is below the minimum taxable limit ie Rs 200000.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links