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Dear All.... I want to know about TDS stp by Step any one can help me out . Thanks & Regards Lisha
From India, Chennai
HI,
If you want the detailed TDS calculator I can mail it to you. In short it works like this
Total Gross Salary
Less Exemptions
HRA,
Medical
& others
Less Deductions
Less other taxes Paid
Add Other Income earned
Net Taxable Income
Tax on Taxable Income
EC
HEC
Total Tax payable

From India, Madras
Hi Check the sheet you have to enter data only in exemption data and payroll image rest all others are automatic, alternatively you can also look at first sheet and manually derive the deductions / exemptions and get to know how the tax is calculated. This sheet is configured for FY 12-13, i am preparing new one for 13-14 .enable all macros if any issue mail to
From India, Madras

Attached Files
File Type: rar Income Tax 2012-13.rar (82.1 KB, 374 views)

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