TDS Form for salary whose salary less than 150000/-

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TDS Form for salary whose salary less than 150000/-..

Answer / preeti mahajan

If the salary of a resident does not exceed Rs.150000/-
then certificate should be given in form 16AA

Is This Answer Correct ?    26 Yes 3 No

TDS Form for salary whose salary less than 150000/-..

Answer / ujji ravi kumar

TDS has to be deducted depends on the gender, age and
residential status of the employee. If his/her income is
below the slab rate, it is not required to deduct any TDS.

If his/her salary is above the slab rate ( * )TDS has to be
deducted based on the excess salary then slab rate.

* If he dont have any deduction under Chapter VI A

Is This Answer Correct ?    23 Yes 3 No

TDS Form for salary whose salary less than 150000/-..

Answer / viswa

For Individual men upto Rs.1.5 Lacs Tds need not to be
deducted For Women upto Rs.1.85 Lacs Tds need not to be
deducted if any tax deducted Form 16 to be issued by the
employer

Is This Answer Correct ?    9 Yes 0 No

TDS Form for salary whose salary less than 150000/-..

Answer / tushar

When there is no taxable salary for deduction of tax then
employer issues certificate in Form 16AA to employee.

Is This Answer Correct ?    2 Yes 0 No

TDS Form for salary whose salary less than 150000/-..

Answer / jalpesh patel

when salary not more exempt limit then no TDS applicable...

Is This Answer Correct ?    2 Yes 0 No

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