hi
i am new to this site but got through to it cause of the TDS prob i am facing. I have to cut the TDS on a employee, whose salary bifercation is as given below :
Basic : Rs. 9,200.00
HRA : Rs. 2000.00
Conveyance Allowance : Rs. 800.00
Profession Tax cut per month is Rs.175/-.
How do i calculate how much TDS on the above i have to cut for the whole year.
If anyone can revert back immediately, please do.
Regards,
Priti
i am new to this site but got through to it cause of the TDS prob i am facing. I have to cut the TDS on a employee, whose salary bifercation is as given below :
Basic : Rs. 9,200.00
HRA : Rs. 2000.00
Conveyance Allowance : Rs. 800.00
Profession Tax cut per month is Rs.175/-.
How do i calculate how much TDS on the above i have to cut for the whole year.
If anyone can revert back immediately, please do.
Regards,
Priti
Priti, You need to give me information of PF contribution. Attached file gives you fair idea of how the TDS computation should be made. If you need clarity, please let me know. Rgds Vishwanath
From India, Bangalore
3From India, Bangalore
Vishwanath,
Please clarify, how to come to total salary figure? (in your sample exel sheet the figure is "400680") I mean - What components of salary structure are included in total salary for tds calculation purpose?
I am refering to you "tds_2007_08_102" exel sheet.
Please reply,
Naren
From India, Mumbai
Please clarify, how to come to total salary figure? (in your sample exel sheet the figure is "400680") I mean - What components of salary structure are included in total salary for tds calculation purpose?
I am refering to you "tds_2007_08_102" exel sheet.
Please reply,
Naren
From India, Mumbai
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Responsibilitie s of person who is responsible for deduction of TDS on salary.docx
Amendment in Section 192A of the IT Act, 1961- Instructions for deduction of TDS on withdrawal f.pdf