Hi All,
One of my friend(Men) joined in small company and he current CTC is Rs.4.8 Lacs.(i.e.40,000)
But after completing one month, he received a salary of Rs.36,000 as a net take home.
In that small company, they dont have any PF/HRA and they deducted 10% as a TDS from the salary.(i.e.36K)
Is this really a correct process and let me know will that TDS can be claimed or not?
Also let me know exact procedure for deduction of TDS?
Waiting for your early response.
Regards,
One of my friend(Men) joined in small company and he current CTC is Rs.4.8 Lacs.(i.e.40,000)
But after completing one month, he received a salary of Rs.36,000 as a net take home.
In that small company, they dont have any PF/HRA and they deducted 10% as a TDS from the salary.(i.e.36K)
Is this really a correct process and let me know will that TDS can be claimed or not?
Also let me know exact procedure for deduction of TDS?
Waiting for your early response.
Regards,