Tds deduction and filing return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 hi
i have started a new company and now paying salary of the employee for 4 months together.

how do i deduct TDS
let say they have a salary of 25000 per month
can i make adjustment so that no TDS is deducted

and when should be TDS submitted to the govt ??

@VaibhavJ

@VaibhavJ (Expert)
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02 March 2013 Hi

You have to deduct TDS if their total Taxable gross from Joning date to Mar 2013 exceeds Rs. 2.50 Lacs.

For more clarity refer:
https://www.caclubindia.com/forum/salary-its-meaning-amp-how-to-calculate-tds-on-salary-easily-232338.asp#

Thanks!!

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 does employee need to show the medical bills, HRA (proof of rent), conveyance bills to reduce the basic salary.......

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Gayathri Devi

Gayathri Devi (Expert)
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02 March 2013 Yes it is the responsibility of the employee to produce teh required proof for the benefits given by the employer.

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 are u saying they need to submit the bills to employer.......

@VaibhavJ

@VaibhavJ (Expert)
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02 March 2013 Hi

Yes they need to submit bills to employer in the basis of which reimbursement becomes non taxable else tax has to be deducted on it.

Thansk!!

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 ok thank you............

@VaibhavJ

@VaibhavJ (Expert)
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02 March 2013 Thanks for acknowledgement.

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