How to calculate TDS on Directors Remuneration if director's
age is around 35 years and salary is 59000/- per month.
please suggest me with complete detail.

Answer Posted / mayank panchal

total amount 590000,
Less: Eligible deductions
u/s 80C, 80CCC, 80CCD(1), 80CCD(2), 80D, 80DD, 80E, 80G, 80GG, 80RRB, 80TTA, 80U, 24 etc.

add educatin cess

u/s 192B

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is tax deducted at source

1838


what is an ideal organisation

1752


In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

1201


Follow up ageing balances of Debtors & Creditors and also Inventory

1641


What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

1535






when & how interest on unsecured loan is calculated?

1494


What is service tax & excise?

625


Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.

1756


Tell me what is ledger?

3427


in what circumstances it is mandatory to calculate the goodwill.

1293


were you happy with the grades you achieved at a-level?

613


what is the meaning of banking

1666


How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power

1284


Tell me what is “deposit in transit”?

595


WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?

1402