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TDS On Salary

This query is : Resolved 

01 December 2009 I want to know how to calculate TDS on salary? and also Due dates for depositing and filling return

01 December 2009 First of all you have to know how much Salary employee is gaining for the year including basic,T.A,D.A & other benefits.ok afterthan you have to Calculate IT (income chargable under the head of salary - exemption u/s 10 - loss if any - Deduction u/s Chapter VI-A) if employee income is taxable then you have to divided by 12 do the monthly deduction after deduction from Salary you need to deposit in the bank on first week of every months..on 31/03 you can deposit tax on max.31/05.





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