Tds deduction on which amount???????????

This query is : Resolved 

03 April 2015 Hi All
An employee's Gross salary p.a.
268800 less - 9600 - 2500 = 256700/-
TDS shld be deducted on 268800 or 256700?????????????
thnx
preet


03 April 2015 TDS shall be deducted on 2,56,700/-

03 April 2015 Preet if MEDICAL ALLOWANCE is also provided plz ask employee to submit bills and deduct it also tell him to submit HRA receipts ..guide him to save tax as his salary is not much




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries