what is the amount of t.d.s if one get 4000/- monthly from
a company on behalf of consultancy charges.

Answer Posted / debananda

No TDS has to be Deducted UPTO when the total payment
>20,000 if you start payment from April 2009 then you have
todeduct tax from the payment of august 2009@10.3%

4000*5=20000*10.3%=2060 TDS
For the M/o Sept.09 TDS Rs. 412
But from the M/O Oct.09 no E.Cess & Surcharge
Then from the M/o Oct.09 TDS will be 400

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