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Salary Slip Break Up

This query is : Resolved 

26 July 2022 Dear Sir,
We are a start up company having 2 directors and both director's are taking Rs. 50,000/- per month salary. We have deducted the TDS against the Salary Amount but we want to know Salary Breakup which will be more beneficial for tax purposes.

26 July 2022 Allow HRA 40% and standard deduction.

01 August 2022 Dear Sir,
Thanks for replying but if such director has some earning from other source as well and that is contingent, what to do in that case.
As well as one of our employee is taking salary of Rs. 30K per month and does not have any other source of income does not want to deduct their TDS then what to do.


01 August 2022 Upto 5 lacs no tax so don't deduct TDS.



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