Hi guys 👋 in this blog let's see how to deduct  the tax amount  that we are paying this is part 3
Tax required to be deducted when the income of the employee for the previous year is above the maximum amount not chargeable to tax 200000 RS 3 lakh 5 lakh rates average rates of tax computer on the basis of Rates is force for the financial year on the estimated income of the SSC other words that total tax to be deducted is divided by the number of month of a employment during the financial year TDS on salaries different from other is in all other head only fixed percentage need to be deducted whereas in the case of salary amount has to be determined with an honest Estimation and the same need to be director the liability to detect tax sources on all person in other words individual form liable to detects at source where during the previous year and SSC under more than one employer or has changed employment during the previous two employer office choice such details of salary due or received by him from the other employer in such case the choose an employer shall deduct taking into consideration information need available where and employee also has any other income for the previous year he may furnished the statement of such other income and tax detector they don't to her employer to take them into consideration while detecting tax at source from his salary however except in the head of house property in all other heads only statement to the employment in 2020 where the employee as opted for a concession under Section 15 intimate that and employer of it then the employer liable to playing the provisions of section 115 where and employee does not out or is not intimate the normal provisions shall only be applicable with Royal from recognised provided and fund in our salary we understood that only lump sum received from the recognised provident fund is exempt from taxation provided in the employer complete 5 years of continuous service term then the lump some received become taxable tax has to be deducted by the fund on such disbursement however tax need not be deducted if the total amount does not exceed 50000 where it exceed tax need to be detected at 10% on the total some paid the recipient does not furnish pan then the direction will be 30% maximum marginal rate. 
To be continued...
Thank you 😁 
Keep supporting!!!
Meet you soon with another blog!