TDS on Salary
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....DS on Salary<br> Query (Issue) Started By: - Pradeep Kaushik Dated:- 28-3-2012 Last Reply Date:- 30-3-2012 Income Tax<br>Got 2 Replies<br>Income Tax<br>Respected Sir, This is regarding the calculatio....
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....n of taxable Salary. One employee joined our company in May 2011@ Rs. 60000/- per month. He resigned on 1 March 2012. during his tenure he got short salary due to deduction of Leave, In Sept 2011 Rs. ....
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....56000/- and in November 2011 Rs. 54000/-. So we Consider his taxable Salary for TDS purpose like 60000.00X10 or (60000X8+56000+54000). What Amount we have show in our Company's TDS Return. Please Cla....
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....rify. Best Regards. Pradeep kaushik Reply By GOPALJI AGRAWAL: The Reply: Not the nominal salary but actual salary as per second formula. Reply By meenakshi sundaram: The Reply: Yes ..only the ac....
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....tual salary paid has to be taken into account....<br> Discussion Forum - Knowledge Sharing ....