how to calculate tds on salary
Answer / aaka
in the case of salary,TDS is deducted on the average income
tax rate of previous year and one can find it from
reference books that how it is calculated
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we are deducting tds for our clients under section 194C section. exemption under this section is Rs.20000 suppose if a client bills more than Rs.20000, then i have to deduct tds only for above Rs.20000/- bills or from the first bill onwards.please clear me with as example
I want to know the liability of tax agaisnt 'C' Form if i am not able to produce the form in front of authority.
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