• TDS u/s 192 after taking rebate u/s 87A


I am writing on behalf of a Pvt. Ltd. Company, with the following payment of Salary to an ordinary resident employee:

Annual Salary: ₹360000
Professional Tax Deduction: ₹2400
Standard Deduction: ₹50000

Income from Other Sources: ₹165000

Deduction u/s 80TTA: ₹10000

Net Income: ₹462600
Tax Liability: ₹10630
Rebate u/s 87A: ₹10630
Tax Payable: NIL

With the details as provided above, is the Pvt. Ltd. Company liable to deduct TDS u/s 192?
(as Tax Payable (after taking rebate u/s 87A) by the employee is NIL)
Asked 1 month ago in Income Tax



The company need not deduct any taxes as the net tax liability for the employee is NIL.

Lakshita Bhandari
CA, Mumbai
5616 Answers
728 Consultations

5.0 on 5.0

- Company is not liable to deduct TDS u/s 192. 

Vivek Kumar Arora
CA, Delhi
4337 Answers
461 Consultations

5.0 on 5.0

Dear Sir,


Hope you are doing well !!


No, the company is not liable to deduct tds u/s 192.

Payal Chhajed
CA, Mumbai
5142 Answers
201 Consultations

5.0 on 5.0

No the company is not liable to deduct any TDS given the above figure.


Hope you find the above information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

Naman Maloo
CA, Jaipur
3949 Answers
58 Consultations

5.0 on 5.0

Dear Sir,


In reference to your query, based on the details provided, the company would not be required to deduct TDS u/s 192.


Please advise in case of any further clarification.


Thanks & Regards,

CA Aditya Dhanuka.


Aditya Dhanuka
CA, Kolkata
49 Answers
2 Consultations

5.0 on 5.0

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