Tds Deduction For Employee Joining In Feb - DOC Download

Dear Viewer,
If any employees Join a new company in Feb having CTC of 1L per month. Is the TDS deduction is applicable to him ? As his total income not exceeding 2.5L in current FY.
If he is a fresher having zero income from start of the FY 16-17.
Regards
Manas

Get a form 12BB from him, this form is to be taken from employee showing his total income in the financial year and his deductions. The format is readily available online.

No tds is applicable to him and no deduction is to be made. As the income is below minimum chargeable to tax.

Dear Sir,
The last FNF and Current compensation is attached.
The candidate says he paid more TDS amount as its should be till march 2017.
Kindly advice the TDS amount for Feb and March-2017.

Take form 12BB from him and ask him to show in that how in the entire year he has paid more. As he will show his deduction like 80C or 80D etc there. By the documents attached he has not paid more TDS then what should be deducted in FY 2016-17 (Total).

Thank you So much Sir...............................................