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Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2013 If the income of an employee is 80,000 per month,then how much TDS has to be deducted from his salary.At what percentage?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 July 2013 For TDS under section 192, there is no specific rate. need to calculate the taxable income and estimated tax liability also and tax liability need to deduct equal monthly installment
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2013 THANK YOU FOR THE REPLY SIR.
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