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Issue ID: 110469
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Regarding TDS

Date 07 Jun 2016
Replies 1 Reply
Views 931 Views
TDS on salary must be calculated using applicable income tax slabs after accounting for eligible deductions before withholding.
Calculation of TDS on salary requires applying income tax slab rates to the employee's taxable salary after accounting for eligible deductions, with TDS computed slabwise on that net taxable income and then deducted periodically. (AI Summary)

please tell me how to calculate tds on salary ??

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Replied on Jun 7, 2016
1.

Income tax slabwise TDS to be deducted after considering the deductions eligible. Thanks.

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