Dear All Can any one tell me that what is the process and Term & condition in TDS .? Also Division of CTC , different types of salary? Regards Vikas
From India, Noida
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1From India, Noida
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Dear JEEVARATHNAM Thanks for provide me suitable info . Can you tell me some information regarding to Limit & Conditions . Partitioned of TDS like that for understanding complete
From India, Noida
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From India, Noida
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Dear Querist,
I assume your query is only on TDS on Salaries. (Do you know TDS is also on various other payments made by your organization like interest, rent, professional fees, payment to contractors and sub-contractors, transports, commission, etc.)
It is not only about how to calculate, but also how to pay and how to file returns of TDS. You may be able to calculate with the help of the given link in normal cases, but please appreciate that there are different types of issues. For example, someone joins in between and wants you to include his previous employer's salary in the return or someone has some capital gains or other income/house property/ties, and so on.
If you are uninitiated in these subjects, you will end up on the wrong side of the law. It is better to consult your tax consultants/auditors, understand the fundamentals, or hire someone who knows.
A S Bhat
From India, Pune
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I assume your query is only on TDS on Salaries. (Do you know TDS is also on various other payments made by your organization like interest, rent, professional fees, payment to contractors and sub-contractors, transports, commission, etc.)
It is not only about how to calculate, but also how to pay and how to file returns of TDS. You may be able to calculate with the help of the given link in normal cases, but please appreciate that there are different types of issues. For example, someone joins in between and wants you to include his previous employer's salary in the return or someone has some capital gains or other income/house property/ties, and so on.
If you are uninitiated in these subjects, you will end up on the wrong side of the law. It is better to consult your tax consultants/auditors, understand the fundamentals, or hire someone who knows.
A S Bhat
From India, Pune
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Hi Vikas,
As much as I am aware about the TDS deductions, you need to first maintain the wage sheet accordingly. Then you will be able to have proper criteria for the TDS deductions as per the slabs decided by the government. Basically, this also includes the gross income after the deductions and the taxable income.
Thank you.
From India, Noida
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As much as I am aware about the TDS deductions, you need to first maintain the wage sheet accordingly. Then you will be able to have proper criteria for the TDS deductions as per the slabs decided by the government. Basically, this also includes the gross income after the deductions and the taxable income.
Thank you.
From India, Noida
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TDS circular.pdf
Format--new TDS rates.xls
BASICS OF TDS ON SALARY-1.doc