compute income tax for the nett income of Rs 325560
In case of
Individual
Resident women
Senior citizen
Firm add education cess on the tax
Answer / maruthi
net income = 325560/- as per A.Y.2009-2010.
individual
150001 to 300000 - 10%
in this case net income Rs.325560/- it is more than
Rs.300000/-
Rs.15000+20% ot the amount exceeding Rs.300000/- (325560-
300000)=25560*20/100=5112+15000=20112/-
Resident women
in this case net income Rs.325560/- it is more than 300000/-
Rs.12000+20% of the amount exceeding Rs.300000/- (325560-
30000)=25560*20/100=5112+12000=17112/-
seniore citizen
in this case net income Rs.325560/- it is more than 300000/-
Rs.7500+20% of the amount exceeding Rs.300000/- (325560-
30000)=25560*20/100=5112+7500=12612/-
as per rule firm rate 30%
example =Rs.325560/- *30%
=Rs.97668*3% EC
Rs.97668*3/100= 2930.04
| Is This Answer Correct ? | 6 Yes | 0 No |
IF BILL OF JOB WORK HAVING WITH VAT AMOUNT THEN WHICH AMOUNT IS LIABLE FOR TDS DEDUCTION THAT IS WHOLE INVOICE AMOUNT OR EXCLUSIVE OF VAT AMOUNT
under form 38,(1 no) what is the maximum no. of invoices can be done??? under rule-54(3)(a) of UPVAT RULES 2008
tds rates on labourn charges
what is vat?
TDS rate for Building Maintenance ????
How to calculate IT,TDS,ADVANCE TAX,VAT,CST,EXCISE DUTY,PT,ST.ESI.PF?
5 Answers Alp Consulting, Jaycon, KPMG, Manufacturing, Unique Circle Engineering,
WHAT IS DIFFERENCE BETWEEN BSE AND NIFFTY
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.
exp: bricks 4000*5% =200 is input it can be add GP @ 10%. So it cane be 200*10% = 220 output Then 220-200 = we pay only 20. It is correct or not Regards G.Kamal
What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.
Central Railway i.e. Central Govt. takes material through works Contract in Maharashtra State.The contractor purchases material from other states say M.P. or U.P. state. Due to inter state purchase of material the contractor is asking for C form. Whether Central Railway is eligible to get C form? Whether we will able to get C Form from Sales Tax Dept. so as to hand over to contractor ?
tds will be charged by hotel industry on what