what is the amount of t.d.s if one get 4000/- monthly from
a company on behalf of consultancy charges.

Answer Posted / shivanand kenganal

TDS up to 20000 in FA in not deducted, but you amount is 4000 *12= 48000 so total TDS = 10%on 48000 = 4800

note: if you getting from April month your TDS is not deducted up to Aug month but (4000* 5= 20000) than in the month of sept. you TDS is on (20000 + 4000) @10% =2400 and than @ 10% on 4000 every month is deducted

ans by shivanad kenganal cont No 9823765394

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