In this article, we will consult “ways to deduct less TDS on salary” to avoid hindrances for getting income tax refund from income tax department. It is very confusing for most of the assessees to get refund from income tax refund. I am receiving daily 30 to 40 queries regarding delay of income tax refund in my email. It is not possible to avoid whole of the TDS on salary, but yes we can reduce .....
How to Deduct Tax at Source on Salary Step by Step Step 1Gross Salary (including salary received from former employer, if details are submitted) and the value of benefits or perquisites or amenities provided free of cost or at concessional rate to the employee. Step 2Deduct the receipts which are exempt from income tax under Sec.10, such as, leave travel concession, gratuity, commuted pension, leave salary, retrencment compensation, payment on voluntary retirement, house rent allowance, .....
