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WHICH ARE BASIC EXEMTIONS FOR TDS ON SALARY
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Answer / kishore naik
The basic exemption for TDS on salary is that your salary
should not exceed Rs. 13333/- per month or Rs. 160000/- per
year.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / syed iliyas
BASIC EXEMPTIONS ON TDS ON SALARY ARE INSURENCE PAID, PAID
FOR HOUSE LOAN, PPF, FEE PAID FOR CHILDREN EDUCATION, ETC
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / hema
The basic exemtions for tds on salary is
Exemtion Limit is 160000/-pa in 2010-11 &
180000/-pa in this year 2011-12.
Exemtion for Male 180000/-pa
Exemtion for Female 190000/-pa
Exemtion for SC (above 60) 250000/-pa
Exemtion for Veary SC (above 80) 500000/-pa
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / faiz
what is the diffrance between tax invoice & retail invoice
what is the rule of making invoicing please detail about
this.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bharath chowdary
The basic exemption on TDS on salary is Rs.200000/- for male and female.
For senior citizens it is Rs.250000/- and for super senior citizens it is Rs.500000/-.
| Is This Answer Correct ? | 0 Yes | 0 No |
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
what do u mean by excise duty?
If fail to deposit tds within or on 7th of next month then what will be the Interest charge?
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
if an organisation has deductd tds of consultancy and if that consultancy is not libal to pay tas for that financial period then the tax has already deducted by other organisation,then can that consultancy has a right to get the deducted tax return, and if yes what is the procedure to get the amount return
what is percentage of work contract I have construction a house I paid my Manson Rs.3 Lakhs for labour charges what percentage I have deduct in Manson account and I have give cement. sand and Iron the Manson was supplied only labour like female and male labours. What is the answer and percentage of TDS.
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Audit 
