How do Employee on Contract file their ITR

Last updated at Dec. 16, 2024 by

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How Will this Driver on Payroll F ile ITR Monthly Salary 10000 TDS 0 Net Salary 1000 Particulars Annual Salary 120000 Less: Standard Deduction Income From Salaries Income from House Property Income from Other Sources Gross Total income Less Deduction Under Chapter VIA 80C Net Total income Tax Rebate Net Tax Cess @ 4% Tax + Cess Less Annual TDS Balance Tax 50000 70000 0 0 70000 70000 0 0 0 0 0 0 0 0 Amt

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.