HELLO FRIEND,
WHAT STEP OF TDS ON SALARY BASES WHICH ASSESSMENT YEAR CALCLUTATE LIKE PY 07-08, AY 08-09 WHICH BASES CALCULTATE TDS.
3 Replies
Late CA Sampat Jain
(Chartered Accountant)
(4772 Points)
Replied 07 November 2008
TDS is on taxable salary
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 07 November 2008
TDS have to be deducted at the rates applicable to the financial year and it has to be deducted from the total income of the employee.
Juzer Sadikot
(CA - innovative solutions for Imports and Exports)
(1309 Points)
Replied 07 November 2008
Refer Section 192 and Rule 30
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