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
From India, Bhubaneswar
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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
From India, Bhubaneswar
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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.
From India, Kolkata
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180From India, Kolkata
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No tds is applicable to him and no deduction is to be made. As the income is below minimum chargeable to tax.
From India, Kolkata
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From India, Kolkata
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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.
From India, Bhubaneswar
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From India, Bhubaneswar
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Employee Appraisal Form new.doc