Hi all,
I recently joint a pvt ltd firm which offered me gross
10000 salary Per month and 10.3%tds deduction on it. my net
salary will be 9000. My question is my salary is not
taxable then how they can deduct my tds? according to firm
tds return will get me back after 1 years ? I am totaly
confused with this pls guide me on this matter.

Thanks in advance

Answer Posted / mohammed

You can argue with the company as your income is under
taxable limits i.e. 1,60,000/- a year your company is not
liable to dudect the TDS from your salary. OR You will
have to file your IT Return to get back your TDS Amount.
Better ask your company not to deduct tax

Is This Answer Correct ?    6 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?

4936


What is the difference between fund flow vs. Cash flow?

632


what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?

1483


Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?

1719


In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1223






i wanna p.y tax assistant exam question paper Please send this as earlier as.

1643


Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section

1672


When and how Wct is applicable on Labour Job Work and what is the percentage?

2507


I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.

1553


I have working with Rs.180000/- I want fill up itr 1st time What is process.

1730


How can a taxpayer get a refund for an overpayment of taxes?

716


what is the vat rate of Saw dust powder in maharashtra

3872


Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.

4971


WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS

1671


How do I get a C form with the bank Guarantee?

1264