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TDS on salary

28 November 2019

From what slab rate TDS should be deducted on salary and its applicable after deduction or before deduction and what if has other income when it doesnt cross slab rate of exemption in terms of salary but crosses salary+other income.

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10 Replies

Gokul Sharma (jamshedpur) (4092 Points)
Replied 28 November 2019

Tds on salary deducted on the slab rates provided by govt in budget... deduction under section 80c is consider while calculating tds on salary

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Miss Mansi Bhojani (Practicing Chartered Accountant) (1736 Points)
Replied 28 November 2019

As rightly said above tax is calculated as per slab rates after considering the deductions on estimated income for the year and the tax is divided into monthly basis and tds is paid accordingly and return is filed.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 28 November 2019

@ Mr Hitesh Rawal.,

At the time of Calculation of TDS on Salary deductions will be considering before TDS.
Also other incomes will be consider at the time of TDS calculation...

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debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 28 November 2019

deduction under 80c is considered while calculating TDS on salary

Kapadia Pravin (17259 Points)
Replied 28 November 2019

@ Hitesh Rawal

TDS is calculated on salary income as reduced by all Deductions , if it exceeds basic exemption limit 250000/- .

Here note that for the purpose of TDS , you have to consider salary income as reduced by deductions , as if , that is the total income.

All other incomes are ignored while determining TDS amount on salary .

In your case there will be Nil TDS as per section 192. Hope it's clarified.

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Hitesh rawal (402 Points)
Replied 28 November 2019

Ya thanks Kapadia pravin for your detailed answer.

Kapadia Pravin (17259 Points)
Replied 28 November 2019

You are welcome 👍

rama krishnan (12239 Points)
Replied 28 November 2019

2B] Where an assessee who receives any income chargeable under the head "Salaries" has, in addition, any income chargeable under any other head of income [not being a loss under any such head other than the loss under the head "Income from house property"] for the same financial year, he may send to the person responsible for making the payment referred to in sub-section [1] the particulars of—

[a] such other income and of any tax deducted thereon under any other provision of this Chapter;

[b] the loss, if any, under the head "Income from house property",

as per 192(2B), the details of other incomes are required to be furnished to the employer. however the same is optional but it's a good practice to furnish the details of other incomes to employer and get deducted tax at source

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 29 November 2019

Originally posted by : rama krishnan
	2B] Where an assessee who receives any income chargeable under the head "Salaries" has, in addition, any income chargeable under any other head of income [not being a loss under any such head other than the loss under the head "Income from house property"] for the same financial year, he may send to the person responsible for making the payment referred to in sub-section [1] the particulars of—[a] such other income and of any tax deducted thereon under any other provision of this Chapter;[b] the loss, if any, under the head "Income from house property",as per 192(2B), the details of other incomes are required to be furnished to the employer. however the same is optional but it's a good practice to furnish the details of other incomes to employer and get deducted tax at source