Request advice on TDS if applicable

Dear Mr. Batra, I happened to visit your website first time and found it very informative and useful. Can you please let me know if my incentives are taxable as i do not have a fair idea on this. I am working with a recruitment firm. My salary is taxable. Pls also guide if income tax on the incentives earned has to be deducted, then will it be on principal amount of invoice or the total invoice amount which includes service tax, educational cess & HEC. Pls advise.

Best Regards, Sonali

asked Aug 31 '12 at 16:51 by Sonali_G 111

TDS would be deducted on the basic amount (before service tax. education cess).

answered Sep 01 '12 at 16:19 by Pankaj Batra 5.2k320


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Asked: Aug 31 '12 at 16:51

Seen: 1,613 times

Last updated: Sep 01 '12 at 16:19