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Q. > Please Help: Income tax
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134 views • Question added Apr 05, 2013 • Income Tax • By Monu Naruka , CA , Faridabad


What is the time of deduction of tds on salary ,and how can we calculate average rate of deduction

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answered May 19, 2013 by Vikash Kumar Jha , Cuttack

TDS on salary can be deduct on monthly basis or year end basis as per slab which will be applicable.


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MANOJ

11-Apr-2013 , 01:33:25 pm

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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