TDS on Salary
This query is : Resolved
05 August 2008
Dear Sir,
Suppose a Person who has resigned from the current organisation his pending salary for the last month is Rs 10,000/- but as per company policy if Leave the organisation without one month notice period than what ever amt comes for notice period is deducted from his due salary in this case the person has given short period notice so the company has dedcuted Rs 5000/- as period notice deduction from due salary I.E. Rs 10000/-
Now Should I take Gross Salary due Rs 10000/- for the TDS Calculation or should i take Rs 5000/- after deduction of Short period notice
Please clarify
Regards
Ravi Konda
Suppose a Person who has resigned from the current organisation his pending salary for the last month is Rs 10,000/- but as per company policy if Leave the organisation without one month notice period than what ever amt comes for notice period is deducted from his due salary in this case the person has given short period notice so the company has dedcuted Rs 5000/- as period notice deduction from due salary I.E. Rs 10000/-
Now Should I take Gross Salary due Rs 10000/- for the TDS Calculation or should i take Rs 5000/- after deduction of Short period notice
Please clarify
Regards
Ravi Konda
05 August 2008
salary after deduction of Rs. 5000/-
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