AASMEEN ALI Started The Discussion:
your question is how to calcutate TDS
There are different rates are apply for all the parties e.g contractor subcontractor , professional etc. as per rates given with surcharge and education cess if application
TDS on salary :- Ist of all calculate the gross total income then calculate the net taxable income by deducting deduction Under Chapter VI then calculate the Net tax payable ,Then after divide the total tax by 12 month then which amount is come deduct per month
I am sending to you the TDS Calculator for A.Y. 2008 -09Which Calculate The TDS autometically
Actually i want to know the calculation scheme for TDS.. for the year 2009-10.. As i have to calculate on 60lac..
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