Dear Viewer,
If any employees Join a new company in Feb having CTC of 1L per month. Is the TDS deduction is applicable to him ? As his total income not exceeding 2.5L in current FY.
If he is a fresher having zero income from start of the FY 16-17.
Regards
Manas
From India, Bhubaneswar
If any employees Join a new company in Feb having CTC of 1L per month. Is the TDS deduction is applicable to him ? As his total income not exceeding 2.5L in current FY.
If he is a fresher having zero income from start of the FY 16-17.
Regards
Manas
From India, Bhubaneswar
Get a form 12BB from him, this form is to be taken from employee showing his total income in the financial year and his deductions. The format is readily available online.
From India, Kolkata
From India, Kolkata
No tds is applicable to him and no deduction is to be made. As the income is below minimum chargeable to tax.
From India, Kolkata
From India, Kolkata
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