TDS on Salary

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2011 what is the procedure of calculating tds to be deducted on salary, whose salary is more than 180000 P.A ? thank u all for solving this query.....

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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05 May 2011 calculate TDS on taxable salary. If the taxable salary after allowing deductions under section 10 or chapter VI, exceeds 180000/-, in case of male (non-sr citizen), then deduct TDS as per the IT slab rate.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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05 May 2011 http://www.finance.pushpi.com/income-tax-slabs-for-ay-11-12-and-12-13.htm

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