for tds on salary what deductions will be made

[Guest]

for tds on salary what deductions will be made will HRA be deducted for the purpose what other deductions will be made.

AI Summary

Understanding TDS Deductions: Calculate Gross Income, Deduct Eligible Amounts, Then Assess Taxable Income for TDS. A participant inquired about the deductions applicable for TDS on salary, specifically questioning whether HRA and other deductions would be considered. The response clarified that the gross income must first be calculated, followed by the deduction of eligible amounts under various sections of the Income Tax Act to determine the taxable income. TDS is then calculated based on this taxable income.