Tds - Xls Download - Salary Allowance

What is the system?
Is that deducted from basic salary? or else what is the limit for basic, hra and other allowances to get exempted from Income Tax.
Please help me out with an example.
Thanks:

Hi!
C if this attached sheet might help u out.
Chitra Sharma

HI :)
I KNOW OF A GOOD WESITE WHICH CAN REALLY HELP U OUT.
TRY THIS WWW.INDIATAXES.COM
U CAN FIND ANY ANSWER HERE.
TAKE CARE
REGARDS,
SHIKHA

Dear Friends,
There is a master CIRCULAR NO. 8/2007 [F.No.275/192/2007-IT(B) of Income Tax Dept. for deduction of TDS on salaries, I am attaching the same for your reference, it also provides examples for deduction.
Regards,
Sanjiv Sharma

HI THOMMA,
CHECK THIS WHICHY HELPS YOU MORE.
HARI
RAHASOFT
9900525882

Hi,
I am working on a new structure for the Senior management employees of my company. I would like to know that if a Employee who has got a handsome appraisal and wishes to attach the car which is on his wife's name on Hire Purchase scheme with the company instead of taking the raise in his salary, will the amount paid to his wife attract TDS @ 2.5% as in the case of Contracts or @ as applicable for rent.
My Accounts guy is not clear. Please advice if you are aware of this situation.
Thanx
Vinit Srivastava