14 October 2013
sir my salary is rs 500000 pa so tell me about TDS DEDUCTION AND PROFESSIONAL TAX DEDUCTION AND ITS CALCULATION FOR OTHER SALARY AND CAN I TAKE REFUND
14 October 2013
Please check the sec.192 for TDS on salary calculation in details. we need to calculate the projected income & tax liability for the whole year and deduct the tax on monthly instalment. For Professional tax deduction please refer the state PT act & slab
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