Dear All.... I want to know about TDS stp by Step any one can help me out . Thanks & Regards Lisha
From India, Chennai
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Hi,

If you want the detailed TDS calculator, I can email it to you. In short, it works like this:

Total Gross Salary
Less Exemptions:
- HRA,
- Medical,
- and others

Less Deductions
Less other taxes Paid
Add Other Income earned
Net Taxable Income
Tax on Taxable Income
EC
HEC
Total Tax payable

From India, Madras
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Hi,

Please review the sheet. You are required to enter data only in the exemption data and payroll image sections; all other fields are automated. Alternatively, you can refer to the first sheet and manually calculate the deductions/exemptions to understand how the tax is computed. This sheet is set up for the financial year 2012-2013, and I am in the process of preparing a new one for 2013-2014. Enable all macros. If you encounter any issues, please email me at ravi.exe@gmail.com.

Thank you.

From India, Madras
Attached Files (Download Requires Membership)
File Type: rar Income Tax 2012-13.rar (82.1 KB, 381 views)

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