01 February 2014
I WANT TO KNOW ABOUT TDS DEDUCTION CALCULATION SUPPOSE IF ANY PERSON JOIN COMPANY IN THE MONTH OF SEPTEMBER AND HIS/HER GROSS SALARY WOULD BE 20000 PER MONTH,HERE TOTAL MONTHS COMES ONLY 9 MONTHS. ACCORDING TO THAT HE/SHE SHOULD NOT BE LIABLE FOR THE DEDUCTION ACCORDING TO INCOME TAX SLAB FY-2013-14.BUT IF WE GO PROPORTIONATELY CALCULATION THERE SHOULD BE DEDUCTION.BUT HOW SHOULD DO THE CALCULATION,PLEASE HELP WITH CALCULATION SHEET WITH EXAMPLE.