New Employee Joining in February: Is TDS Deduction Necessary for a 1L Monthly CTC?

Dear Viewer,

If any employees join a new company in February with a CTC of 1L per month, is TDS deduction applicable to them? As their total income does not exceed 2.5L in the current financial year. If they are a fresher with zero income from the start of the FY 16-17.

Regards,
Manas

To obtain a Form 12BB from him. This form should be filled out by the employee to indicate their total income for the financial year and their deductions. The format for this form is easily accessible online.

No TDS is applicable to him, and no deduction is to be made as the income is below the minimum chargeable to tax.

Dear Sir,

The last FNF and current compensation are attached. The candidate says he paid more TDS amount as it should be till March 2017. Kindly advise on the TDS amount for February and March 2017.

Take Form 12BB from him and ask him to show how in the entire year he has paid more. He will show his deductions like 80C or 80D there. Based on the documents attached, he has not paid more TDS than what should be deducted in FY 2016-17 (Total).