Dear experts,
I have a query regarding TDS calculation in F&F Settlement. I joined in June for a short-term contract. They released me in November. Till October, Rs. 1136 was deducted as TDS after considering my investment declaration. However, they are paying my November month salary in F&F settlement, but the tax deduction amount is Rs. 12496/-
How does the calculation happen? Is it calculated on my total income since joining without considering the investment declaration?
Please advise.
From India, Mumbai
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I have a query regarding TDS calculation in F&F Settlement. I joined in June for a short-term contract. They released me in November. Till October, Rs. 1136 was deducted as TDS after considering my investment declaration. However, they are paying my November month salary in F&F settlement, but the tax deduction amount is Rs. 12496/-
How does the calculation happen? Is it calculated on my total income since joining without considering the investment declaration?
Please advise.
From India, Mumbai
Acknowledge(0)Amend(0)
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