Dear Viewer,
If any employees Join a new company in Feb having CTC of 1L per month. Is the TDS deduction is applicable to him ? As his total income not exceeding 2.5L in current FY.
If he is a fresher having zero income from start of the FY 16-17.
Regards
Manas
From India, Bhubaneswar
If any employees Join a new company in Feb having CTC of 1L per month. Is the TDS deduction is applicable to him ? As his total income not exceeding 2.5L in current FY.
If he is a fresher having zero income from start of the FY 16-17.
Regards
Manas
From India, Bhubaneswar
Get a form 12BB from him, this form is to be taken from employee showing his total income in the financial year and his deductions. The format is readily available online.
From India, Kolkata
180From India, Kolkata
No tds is applicable to him and no deduction is to be made. As the income is below minimum chargeable to tax.
From India, Kolkata
From India, Kolkata
Dear Sir, The last FNF and Current compensation is attached. The candidate says he paid more TDS amount as its should be till march 2017. Kindly advice the TDS amount for Feb and March-2017.
From India, Bhubaneswar
From India, Bhubaneswar
Take form 12BB from him and ask him to show in that how in the entire year he has paid more. As he will show his deduction like 80C or 80D etc there. By the documents attached he has not paid more TDS then what should be deducted in FY 2016-17 (Total).
From India, Kolkata
From India, Kolkata
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Responsibilitie s of person who is responsible for deduction of TDS on salary.docx
Amendment in Section 192A of the IT Act, 1961- Instructions for deduction of TDS on withdrawal f.pdf