how to calculate tds?
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Answer / brahmaji
TDS IS TAX decuction Sources Of GOVT RULES UNDER SACTION
WISE OF TAX PAYEE AND PAYER ON SERVICES ,COMPANIES IN
COLLECTED SOURCES OF PAYMENTS OF TDS
194C,194B,194H,194A,194J,194I SECTIONS WISE DEDCUTED IN NET
AMOUNT FROM TAX .
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Answer / praveen kumar peddini
Calculate total year income as per April month then you will
get gross total income, and deduct his savings then you will
get net income. In that income you have to calculate tax as
per rules, in that tax you have to again calculate Education
cess and also higher educational cess and add this with tax
which you got first. Now you get total tax so divide it 12
months and deduct that every month.
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for calculating net worth formula is Assets u/s+deemed
assets u/s4 -exempted assets u/s5- debt related to assets
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which contractors does not deducted tds ?
Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three months I further pay the same Professional Rs 40000/-.Have I to pay Tds on 25000 Or Rs 65000/- or only Rs 40000/-,Have I to pay interest on delayed payment for Rs 25000/-?
What is entry tax
what is vat?
can anyone answer,how to calculate TDS for the whole year of a person whose salary is Rs 9000 p.m. so his D.A. has risen up quaterly wise for eg, April - June 63%, july to sept 73% which is upto fourth quater
how to calculate the TDS?
4 Answers EXL, Greet Technologies, MCC,
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