04 June 2009
dear expert(S), Suppose my salary structure is following: BASIC SALARY 10,184.00 HRA 5,092.00 CONVEYANCE ALLOWANCE 1,680.00 SPECIAL ALLOWANCE 1,833.00 UNIFORM ALLOWANCE 1,013.00 TOTAL 19,802.00 DEDUCTION 780.00 NET SALARY 19,022.00 NET SALARY P.A. 228,264.00 And there is no TDS has been deducted from salary, then how i pay my income tax? Thanks
First of all , comany is laible for penalty for not deducting the TDS amount.
Then you can submit the tax with interest before filing of ur return..........
On you income i.e. 228264 TDS is 2350.46 & interest is 290 approx... If you invest some amount then also claim so much amount from ur taxable income...
CAclubindia
