if salary paid per month rs. 46500/- i will deduct tds from
his salary please what i will do explain
- 3 Answers
- 7366 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / mohd waqas
FIRSTLY YOU WILL DO WORKING SHEET AS FOLLOWING
MONTHLY SALARY - 46500
YEARLY SALARY -46500*12= 558000
LESS HIS ALL DEDUCTIONS SPPOSE -100000
total income is 458000
Slab Rate SLABS RATE for f. y. 2010-11
Tax Liability if he is male or HUF
UPTO 160000 NIL
160001-500000 10% 298000 29800
500001-800000 20%
MORE THAN 80000030% 0 0
BASIC TAX 29800
ADD:E.CESS(2%) AND SHC(1%) 894
TOTAL TAX DUE(R.OFF IN RS) 30694
So 30694 divide by 12 and you will deduct Tax in monthly
basis in his Salary appeox-Rs. 2600
We Hope you satisfied the answer.
| Is This Answer Correct ? | 6 Yes | 7 No |
Post New Answer View All Answers
In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail
what is the due date of 28th feb
is goods in transit will be liable for entry tax ?
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
cheque deposit is a contra entry?
Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?
what is the entry for toll gate fee
Explain me scrap value in accounting?
Tell me how many types of business transactions are there in accounting?
What a deferred asset is and give an example?
how we can calculate sundry debtors and crditors a/c?show some examples
Can you tell me entry tax will be applicable on Spectacles purchase from u s a
pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
