Tds on salary

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 May 2012 can we take exemption on under section 80c like principle of loan when we deduct tds on salary of employee.

please give me example.

CA Siddhartha Bhardwaj (Expert)
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16 May 2012 If the employee provides the details of loan repayment the employer should consider the same while computing TDS on salaries.

CA PRAVEEN SINGH (Expert)
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16 May 2012 YES AGREE WITH ABOVE...

YOU CAN TAKE EXEMPTION OF 80 C,PROVIDED EMPLOYEE GIVE DETAIL.

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