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Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2013 how is tds deducted on salaries? for example if a person's salary inclusive of all allowances and perquisites is 25000, how much tds will be deducted every month? how much net amount will be paid to him?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 September 2013 you have to calculate the total tax liability for the complete year with detailed salary details and need to deduct equal monthly instalment. refer the complete details in sec.192

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