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Tds on salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2013 I am working in a Co. which has two internal Co.s. In F.Y. 2012-13 One of Employee got salary Rs. 85,500 including
Conv. allowance Rs. 800 pm.
HRA Rs. 15,300 p.M.
Special Allowance- Rs. 43900 P.M.
LTA Rs.3250 P.M.
Medical Reimbursement Rs. 1250 Per month.

Rent Paid by him Rs. 14000 P.M.

His LIC is Rs. 54946.

He got Salary in following way:-
for Apr to June from Co. A
and
July to 9. Nov.2012 from Co.-B
and after that he left job.

Now Pls tell the TDS calculation on his Salary from Co. A & Co. B.

Pls reply ASAP.

24 December 2013 Can refer this:

https://www.caclubindia.com/articles/what-is-salary-how-to-calculate-tds-on-salary-16151.asp#.UrnLItJDtA0

24 December 2013 Hi

Add total Income & compute annual TDS liability reduce TDS already deducted & divide it by no. of month left.

you can use this online TDS calculator: http://finotax.com/income-tax/calc-next

Thanks//VaibhavJ




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