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TDS on Salary

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(Querist)
28 May 2010 Dear all,

what is the procedure to deduct the TDS from salary, pls explain me with Eg

Regards
Mrityunjay
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
28 May 2010 Estimate the Income Tax payable by the employee on the basis of his salary, other income and investments etc. reported by the employee.

Deduct the tax in equal instalments during the remaining months of the year.

The instalment/amount can be increased/decreased if there is any change in the data used for estimate.
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CMA.Palani Arumugam

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CMA.Palani Arumugam (Expert)
28 May 2010 Agreed.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
28 May 2010 AGREE WITH MR. NAIK

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