Question ID : 190

E-Tds- Taxable Amount means?

Dear Members,

the quaterly sary etds urns there is column number 318 Taxable amount on which tax deducted.

Is this gross pay to the employee each month?

Do we have to give this figure for each month. that means a quaterly urn for each employee we need to show three months gross pay seperately?


How do we calcute tax under column number 345(Annexurs) quarterly urns? can we take 1,00,000 exemption first quater? or do we take 1,4 of it?


regards
raghu






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