11 April 2009
Dear Experts I am not aware of systems of TDS on salary, Please explain obiously. I shall be grateful for your cooperation. Thanking you.
11 April 2009
first calculate whole year's salary of an employee , then consider his savings u/s 80C & housing loan. compute his tax liabilty of whole year . deduct this tax amt on monthly basis from his salary.
11 April 2009
Dear Gopal, I have posted an article on this website on stepwise procedure for TDS on salaries. link is here: https://www.caclubindia.com/articles/article_list_detail.asp?article_id=1936
Visit this link and go through the article. It will help you to understand the system.
CAclubindia
