Regarding tds

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

08 March 2018 Dear Sir

Good afternoon.

My Selt Ravi and Working as Operation Inchare in Mfg Company. Now our Company Asking to send Investment details for the year FY-18-19.

I have Joined this company 2017 October with 434000(PA.)

Can you tell me taxable income..

And what are all Investment details i have submit.

Rdgs
Ravi

Expert : Anonymous

Expert : Anonymous (Expert)

08 March 2018 Hello sir, Investments details include LIC, TAX FREE MUTUAL FUNDS, MEDICLAIM, HOUSING LOAN DETAILS if any etc. (as applicable to you) Any such details which provides a deduction to your taxable income. Your gross income (if salary is your only income then salary) reduced by your deductions will be you net taxable income on which tax is calculated and tds per month is deducted by your company.