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how to calculate tds?

Answer Posted / praveen kumar peddini

Calculate total year income as per April month then you will
get gross total income, and deduct his savings then you will
get net income. In that income you have to calculate tax as
per rules, in that tax you have to again calculate Education
cess and also higher educational cess and add this with tax
which you got first. Now you get total tax so divide it 12
months and deduct that every month.

Is This Answer Correct ?    2 Yes 1 No



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