Hi all,
need a help on urgent basis,
i m working in a company and ctc is 480000 and i have joined the company on 2nd april 2012, salary breakup is
basic- 16000
HRA 8000
S. allowance- 6350
con 6800
Med 1250
books tele 1600
total 40000
PF not applicable
Can anyone tell me the income tax amount which company should deduct from monthly salary.

From India, Mumbai
Do you pay for House rent, if yes what is the amount and do you have the rent receipt; if no then you can't get the benefit of HRA.
Amount received against books and periodicals can be claimed on submission of bills.
Exemption will be as below:
1. Amount received towards reimbursement
2. Actual amount spent
which ever is less of 1. and 2

From India, Mumbai
I m showing the rent receipt of 8000 per month And Books And telephone bill i m not provoiding
From India, Mumbai
Hi Aakash, Your Annual Tax to be deducted is 18003 Monthly Tax is 1500 PFA, TDS Calculator attached with your TDS Calculation
From India, Mumbai

Attached Files
File Type: xls AAKASH TDS.xls (51.5 KB, 242 views)

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