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TDS Deduction on Salary

This query is : Resolved 

16 November 2020 Hello everyone,

I pay salary to some employees under my proprietorship (IT services only business) and get the audit done. But is it required for me to deduct TDS on salary of employees for whom salary is below INR 5,00,000 per financial year?

Looking for your help.

Thanks

17 November 2020 Help will be appreciated, please share your knowledge.

26 September 2021 You have to first arrive at the tax-ability of employee having income more than basic exemption limit. If any tax liability arise, then you have to deduct TDS.


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