Please Help: Income tax
Posted Date : 05-Apr-2013 , 12:55:37 pm | Posted By: Monu Naruka
Category :
Income Tax | Answers :
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Comments :
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What is the time of deduction of tds on salary ,and how can we calculate average rate of deduction |
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Answers:
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 Answer by: Vikash Kumar Jha |
| TDS on salary can be deduct on monthly basis or year end basis as per slab which will be applicable.
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| Comments |
| Posted By : MANOJ |
11-Apr-2013, 01:33:25 |
| TDS on salary must be deducted monthly and deposited as TDS is deposited normally.
calculate TDS on salary as taking normal slab rates applicable to employee & divide the total TDS by 12 means
Total TDS/12= Monthly TDS. |
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