04 September 2013
Dear Sir, My sir asks me to deduct the TDS on his salary .His salary details are as follows: basic-35000 ; HRA - 3500 ; Conveyance - 3250 ; Medical Allowance - 750 ; LTA - 1000 ; Personal Allowance- 1500 . Total - 45000. Here instead of Conveyance 3250/- can i adjust to any other tax free allowances to reduce the tax? How much i have to deduct as TDS for the above caliculation? And he can give PPF; LIC for 1 lac under Section 80 C .