Tax deduction Asha , 24 Apr 2013

I joined the current organization in the month of Jan 2013. Prior to that i was unemployed for more than a year. Thus my annual income for Financial Year April 2012 to March 2013 has not crossed 190000. Should there be a TDS deducted for March 2013 salary?( ie which was credited in the month of April).

Fintotal Answer

No, unless your salary exceeds the taxable limit there should not be TDS. However if there has been any, you can claim it by filing Income Tax Returns in July.

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