30 August 2011
my brother is working in infosys.... the followinng is my brother's salary slip given by his employer...
Earnings Basic Salary 7,730.00 Fixed Dearness Allowance 1,100.00 House Rent Allowance 4,588.00 Medical Allowance 2,868.00 Transport Allowance 1,146.00 Leave Travel Allowance 2,868.00 TPI Incentive 2,944.00 BonusExgratia-AdvancePmt 1,678.00 Total 24,922.00 Deductions PF Contribution 1,060.00 Professional Tax 938.00 Income Tax 194.00 Infosys Welfare Trust 150.00 Transport Deduction 250.00 Salary Loan 1,000.00 Total 3,592.00
i have an doubt regarding income tax of Rs 194 shown in deductions.... 1.whether it is income tax i.e advance tax? 2.if yes,whether is there any provision in income tax that employer can deduct income tax other than professional tax from salary ??
30 August 2011
Yes, its Tax deducted on source, and he will get form 16 for gross TDS after the year end, he can file his return, and claim his so deducted TDS as set off / refund,