TDS Calculation
This query is : Resolved
03 March 2009
On what basis should TDS be calculated
1) Gross Salary
2) Actual Salary received (Net of Loss of Pay).
Please advise
1) Gross Salary
2) Actual Salary received (Net of Loss of Pay).
Please advise
04 March 2009
HI NANDINI
TDS ON SALARY NEED TO BE CALCULATED ON ACTUAL SALARY PAYMENT AND NOT FROM THE GROSS SALARY.
PL. NOTE THAT WHENEVER THERE IS A REVISION IN SALARY- TDS NEEDS TO BE REVISED.
TDS ON SALARY NEED TO BE CALCULATED ON ACTUAL SALARY PAYMENT AND NOT FROM THE GROSS SALARY.
PL. NOTE THAT WHENEVER THERE IS A REVISION IN SALARY- TDS NEEDS TO BE REVISED.
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