Tds on salary

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2013 hello

on which amount Tds is to be deducted on salary for f/y 2013-14. whether rebate u/s 87 of Rs. 2000 is allowed for Tds purpose or not. please reply

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 October 2013 Tds to be deducted on gross salary calculated as per the salary provisions under income tax.

Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2013 i am asking amount on which tds is to be deducted. whether it is 200000 or 220000. person having salary 17500 pm whether tds deduction is required or not?

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CA Rinkal

CA Rinkal (Expert)
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16 October 2013 after 220000

Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2013 can any one give ans with proof for there reply?

CA Rinkal

CA Rinkal (Expert)
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17 October 2013 read this carefully

it is painful duty of employer to file return of income of their employee

so, as per the rule they need to deduct tax by considering other income, deduction,etc. the same includes rebate amount also, that's why the employer will deduct tax by considering the rebate amount also...

if you satisfy with this answer then ok, otherwise give your mail ID i will send you an auto calculator of TDS, issued by Institute..

hope you understood.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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17 October 2013 You should deduct on gross amount of Salary.

https://www.caclubindia.com/forum/salary-its-meaning-amp-how-to-calculate-tds-on-salary-easily-232338.asp#.UNgLSG-yCvx