What will be the TDS deducted for Net salary of Rs. 10,500
for month
Answers were Sorted based on User's Feedback
Answer / anil rawat
Since the yearly salary of mentioned person is 1,26,000/-
only and not exceeding 1,60,000/- so TDS will not be
deducted on the same.
Cz as per the income tax law we have to deduct TDS on
salary if the yearly payment is over and above 1,60,000/-
Is This Answer Correct ? | 22 Yes | 0 No |
Answer / guest
then salary is 10,500 of month tds deducted on 10% sasic
salary
Is This Answer Correct ? | 0 Yes | 7 No |
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