WE HAVE PAID SALARY 200000 PER MONTH
a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH.
b)FURNITURE PROVIDE WHICH COST IS 175000/

I WANT SUGGESTION HOW DEDUCTED HER TDS PER MONTH

Answers were Sorted based on User's Feedback



WE HAVE PAID SALARY 200000 PER MONTH a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH. ..

Answer / sandeep

basic salary 200000
rent 12000
furniture allowancess 1458.34

Total salary 213458.34

less dipriciation on furniture at 10% per annum
175000*10/100= 17500
17500*1/12 = 1458.34

calculation of tds

tatal salary 213458.34

Basic exemtion 160000
160000 to 213458.34 at 10%
53458.34*10/100

tds is 5345.834

Is This Answer Correct ?    14 Yes 4 No

WE HAVE PAID SALARY 200000 PER MONTH a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH. ..

Answer / pramod shukla

tds deduct rs 2000.00

Is This Answer Correct ?    1 Yes 3 No

Post New Answer

More Taxation Interview Questions

what is excise return form ?

3 Answers   Asha Chemicals,


What is excise & service tax? What is the difference?

0 Answers  


Whether Luxury Tax should be collected on Tariff or on discounted tariff.

1 Answers   Birla, RV Hotels,


Hi..My Question is related to TDS Claim. I have got the TDS certificate for F.Y 2009-10.TDS amount is 2200.00 Looking in 26AS( F.Y 09-10 ) I can not see any credit of 2200.00. This credit is available in 26AS of F.Y 2010-11. What shall I do avail credit of same in F.Y 09-10.

2 Answers  


Is service tax paid on LIC premium eligible for rebate under section 80C?

2 Answers  






what is TDS and which apply on and its what is diffrent rates on diffrent items.

1 Answers  


TDS rate for Building Maintenance ????

2 Answers  


Where we show the brought forwarded losses in the Balance Sheet?

3 Answers  


what is mis

1 Answers   IBPS,


please tell me friends what are the formats of excise return and vat return?

0 Answers   Visa,


what is the tds rs for commision , and other

1 Answers  


How to Claim Cenvat Credit.

2 Answers  


Categories