Tds on salary

This query is : Resolved 

01 December 2011 Hi,

Please give an worked out example of TDS on salary calculation as it will be helpful for me to learn it

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

03 December 2011 Thanks sir


05 December 2011 you are welcome.



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