TDS Salary

Ulaganathan (Accounts) (31 Points)

03 March 2008  

Dear All,

 

Recently one employee joined in February.  Previously he runs on his own business.  He is saying april to january there no income.  but he invested 80C 1 Lac also paying housing Loan regularly.  In this case how to calculate TDS ? Whether Prorata basis (Average system) of not.

 

Please revert

 

Nathan