Tds on salary

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Shiv Mohan Singh (Querist)
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11 December 2014 Dear ser's i am accountant a private firm and we paid salary to sales marketing employee rs. 23500/ month. so how much tds deduct on salary.

Ganeshbabu K

Ganeshbabu K (Expert)
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11 December 2014 With out knowing details like salary structure and his savings under chapter VIA cant suggest you any thing about this

You are recommended to refer Circular 17/2014

Link to access the Circular on TDS I.e. Circular No. 17/2014

http://www.incometaxindia.gov.in/Pages/communications/index.aspx

CA. Ramiz M. Rather

CA. Ramiz M. Rather (Expert)
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12 December 2014 100% agreed with Mr. Ganeshbabu k, unless salary structure is known like basic salary, allowances, perqs etc, I doubt any body can help you.

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Vishnu Saboo

Vishnu Saboo (Expert)
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12 December 2014 do proper calculation of salary he getting after all applicable rebate and deductions and then apply tax as per slab.

Rupesh Jain

Rupesh Jain (Expert)
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15 December 2014 YOU HAVE TO COLLEC DATA OF INVESTMENR FROM THE EMPLOYEES LIKE PAN NAME AND HRA, U/S 80C, 80D AND THEN DEDUCTED THE SALARY ON THE BAL MONTH AVERAGE TAX.

Shiv Mohan Singh

Shiv Mohan Singh (Querist)
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25 December 2014 Thanks for your suggestion.