Dear experts, I have query regarding TDS calculation in F&F Settlement.
I joined in June for short term contract. They released me in November. Till october Rs. 1136 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 12496/-
How the calculation happens? Is it calculated on my total income since joining without considering of investment declaration?
Please advice.
From India, Mumbai
I joined in June for short term contract. They released me in November. Till october Rs. 1136 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 12496/-
How the calculation happens? Is it calculated on my total income since joining without considering of investment declaration?
Please advice.
From India, Mumbai
467Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Salary with TDS Calculation-Fin al Amended for net.xls
Write up on TDS on settlement.doc