TDS Deduction - Tds Deductions

Nancy Roy
I am working in a small startup company of 12 people out that only 3 people are falling under for the Tax deduction
so how can we do the TDS and PT online.. i am taking care of payroll
jeevarathnam
Hi
Regarding Online PT returns you should have PT enrollment & they would have given you login access. Once you login then you can submit returns as well as payment
Regarding the TDS you should deduct the amount from the employees and you can pay from the bank to income tax account using form ITNS280 or you can even make payments online using TIN-NSDL website. Any clarification you can reach me
jeevarathnam
For CTC of 2.8 Lac there won't be any TDS
For 5.0 & 7.2 Lac there are some process to follow to deduct TDS such as total Income, PT Deduction, HRA Exemption, Conveyance Allowance Exemption, Medical Allowance Exemption, Savings under 80C, 80D etc then you may have to arrive to taxable income
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