Tds sum query ipcc

but why have they taken the exemption of Rs160000 .... 

From which book You got this sum.

Girish Ahuja AY2012-2013

It means the solution is not updated with the change in A Y because the same problem appears in the

Girish Ahuja AY2011-2012 with the solution which i have provided.

TDS for July month is NIL because Co has already deducted excess TDS because salary paid by co is only Rs 2,00,000/-.

so what is the right solution How much Tds is to be deducted? Rs 4463 or Rs4635...why have they given the calculation of TDS Pm as 4463?

Rs 4463/- is the right ans for A Y 2012-13.

Hope your all doubts regarding this sum are now cleared.

Oh Thanks a Lot and last question

They have given the same reason,for the NIL Tds of month iof july i did not understand i did not understand that! 

so if the TDs ammount in the total TDS will also change (Rs 4463 in place ofRs 4635) the whole answers will change...

i did not understand the 2 lakh statement you said

Originally posted by : CA Manish Malu
	TDS for July month is NIL because Co has already deducted excess TDS because salary paid by co is only Rs 2,00,000/-.

The co has paid Rs 2,00,000/- salary and tax liability on Rs 2,00,000/- comes out to be RS 2060 only and the co has deducted 4463 *3= 13389/-(i am taking 4463 as it is the right ans for A Y 2012-13). Therefore no need of deducting TDS in the month of july.

Okay got it! thanks you very much