How to Calculate TDS on Salary

How to Calculate TDS on Salary

TDS means 'Tax Deducted at Source'. TDS is one of the modes of collection of taxes, by which a certain percentage of amounts is deducted by a person at the time of making or crediting certain specific nature of payment to the other person and deducted amount is remitted to the Government Account.

Calculation of TDS:


Time Limit for the Payment of TDS to the Government.

On 7th of the Next month in which TDS is deducted.

Salary Paid in the month of March should be deposited on or before 30th of April

In the case of a Government office ,same day of deduction without a challan.

The deposition of TDS is to be made vide challan No.ITNS 281.

Quarterly Return in Form 24 Q

The person/Employer who is deducting TDS or the payer of such Income should Furnish a Quarterly return to the Income tax department in Form Prescribed Which is Form 24 Q.The due date for the same is

I   Quarter April to june                     – On or before 15th July,

II  Quarter July to September          – On or before 15th October

III Quarter October to December    – On or before  15th January

IV Quarter January to March           – On or before  15th May.

Similarly For Government deductors due date is as follows

I   Quarter April to june                     – On or before 31st July,

II  Quarter July to September          – On or before 31st October

III Quarter October to December    – On or before  31st January

IV Quarter January to March           – On or before  15st May.


When a person/Employer is paying Income Under head he is responsible for deducting TDS on an average rate of income tax based on the prevailing rate during the Financial Year by considering  the estimated Income of assessee.All Employers making such payments like Individual,HUF,Partnership Firms,Companies,Co-operative societies, trust, artificial judicial persons are liable to deduct TDS .

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