if a company give salary Rs- 6000 and incentive Rs- 4000 julyy
month then TDS will deduct by the company from employee
account or not.

Answers were Sorted based on User's Feedback



if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the c..

Answer / guest

No,
Because in the above case if for the month of july the total
payment made to the particular person is 10,000(6000+4000)
also, he does not cross the limit(180000<120000(10000*12).

Is This Answer Correct ?    3 Yes 0 No

if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the c..

Answer / poorni

for 6.000/- will come under taxable limit... so, no point to deduct tds on this salary .

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Taxation Interview Questions

Please give Leave encashment formula. Profession Tax & Pf or any other Dedecution deduct on leave encashment or not.

3 Answers  


while deducting tds on salary, the amount deducted in the previous month is payable on 7th of the succeeding month to whom?

2 Answers  


CAN TDS BE DEDUCTED IF LABOUR CHARGES ARE PAID IN CASH

3 Answers  


Ir we have bill for CST 2% we made entry 12.5% by mistake then what is solutin for C-form

0 Answers  


what is caluculate PF what is fill the rates in the challan

1 Answers  






How to calculate Excise duty in manufacturing secoter.

3 Answers  


Timings / Months to file TDS return?

0 Answers  


what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?

0 Answers   Genpact,


on which amount have to issued form C ?, when cash discount is also given in the bill after CST amount as, Sales valve+CST - cash discount.

2 Answers   ABC Bearings,


how to calculate tax for the income earners

0 Answers   Wipro,


can anyone tell me rates of TDS for payment of contract, consultancy, advertizing, statioenry, salary, professional charges, technical fees, & honorarium for the financial year 2008-09

6 Answers   JG Group,


we are in process of setting up a manufacturing unit in karnataka. can we procure cement from andhrapradesh by issuing c form

2 Answers  


Categories