Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 January 2013 Our organisation has an employee joined on 1st Dec, 2012 on a monthly salary 85,000/-. I have no idea regarding his previous employment. Please advise me how to deduct his tds. I know the following:

80C 1,00,000/-

Interest on loan 50,000/- p.a.

Infrastructure Bond no tax benefit.

No idea about mediclaim.

Please advise how to deduct his tds for the month of Dec, 2012.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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18 January 2013 Give a letter to your employee asking him to give the details of previous employer and salary drawn with a copy of Form No. 16A if your employee gives you Nil details then deduct TDS on the basis of your calculation from 1st Dec.

Another thing with his PAN No. you can verify the TDS online in 26A details