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i m geting gross 12250.m i liable for tds ? if s then how
much it will take?

Answers were Sorted based on User's Feedback



i m geting gross 12250.m i liable for tds ? if s then how much it will take?..

Answer / k.sridhar

Are you getting Professional Fees or getting monthly
salary. If Monthly salary then no Tax Deducted at Source
involved.You are less than the eligibility norms. In case
of Professional Fees it cross Rs. 20000/- above per year
you are forced to deduct the TDS @ 10.3% on Rs. 127000/-

Regards
K.sridhar
Tirupur

Is This Answer Correct ?    8 Yes 0 No

i m geting gross 12250.m i liable for tds ? if s then how much it will take?..

Answer / neeraj suryan

Not clear first we need to know what is the catagary as
individual or contractor etc only than it may be decided

Is This Answer Correct ?    1 Yes 3 No

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