What is salary tds?

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swapneeelsv

  • Jul 15th, 2008
 

Means whatever income any employee received from the organisation and on that tax to be deducted. (e.g. gross salary, overtime, bonus, incentives etc.)

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9860558288

  • Jun 25th, 2009
 

TDS desucted on payment of accepting service. Salary is one of them i.e. payment of accepting service by emplyee. On this service employer deduct TDS. This is called Salary TDS.

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cabarani

  • Jan 1st, 2010
 

Tax is deducted on Taxable salary income paid to employee. Meaning of salary vary depends on position occupied. Salary excludes Reimbursement of Expenses claim for  salary TDS. Eligiblility is determined after considering Basic Exemption Limit specified under the Income tax Act. 

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