17 February 2012
Dear sir how i calculate tds on salary tds deducted on gross salary or netpay salary means after =gross salary- hra-con.-pf-esi-other allowance= netpay please guide me thanks & regards Rajendar singh Rathore
19 February 2012
TDS on salary need to calculate based on the taxable salary income of the employee. gross salary less all the allowance deductions & exemptions according to Income tax act. please refer Circular no.5/2011 dt:16.8.2011
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