01 December 2011
as per sec 192, TDS on salary will be deducted from the gross Salary after considering deduction u/ch VIA. The amount of TDS will be same as tax on Total Income of the Induvidual. For Example if the gross salary is 500000/- n deduction u/s 80c 100000/- then TDS will be 24000/- plus education cess
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