Who is laible to deduct TDS

This query is : Resolved 

30 June 2010 In a Firm there are 6 employees out of which 4 employees have annual salary less then rs. 160000 & among these employees only 2 employee have PAN no. on the other hand remaining two employees have salary more then Rs. 160000 whether the employer is liable to Deduct TDS if yes then on what rate for each employee
Please mention Refferense of section etc. if any

30 June 2010 Dear Mr. prajapati,

Please prepare computation of the employees. If tax is payable, deduct the tax in equal instalments during the year/during remaining part of the year.

There is no specific rate.

You may refer to section 192B.

30 June 2010 AGREED, PLEASE DOWNLOAD INCOME TAX CALCULATOR FROM FILES SECTION AND FEED DATA IN SHEET. YOU WILL GET TDS FIGURE TO BE DEDCUT IF ANY. CLICK ON BELOW LINK FOR DOWNLOAD FILE.
https://www.caclubindia.com/share_files/income-tax-caculator-for-salaried-person-fy-2010-11-27578.asp




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