19 May 2012
Sir, While issuing TDS certificate to our staffs, the net total income is Rs.1,08,000/- where as basic exemption is Rs.1,80,000/-. but we deducted Tax from him Rs.10,000/-. In TDS certificate what should i fill for s.no. 12 Tax on total income?
21 May 2012
but sir, his total income doesn't exceeds basic limit, even should we shown the TDS amount as Tax on total income on TDS certificate S. No. 12?
CAclubindia
