Following is the salary structure of Mr. X age 45 years as on 1-Apr-13.
Basic Salary 40000
DA (30%) 12000
Travelling Allowance 5000
Bonus 4000 (bonus given for this month only
considering his performance during FY12-13)
Overtime 1000 (overtime is given as when X puts extra hours of work)
Employer provides EPF and ESI benefit to its employees.
Mr. X has given declaration that he will buy NSC worth Rs. 100000 during the year.
Please help me calculate TDS to be deducted of Mr. X for the month of April 2013.
Please send me the excel file with TDS computation.
Shivani
CAclubindia
