if mr.X get 2,00,000.00 per month salary. than how we will
calculate his tds.
- 3 Answers
- 5252 Views
- ABB, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / k.neeraj.sinha@gmail.com
Annual Salary 200000*12 = 2400000
Tax thereon Rs.561350
TDS Rs. 46780/pm
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bikash
200000*12=2200000
2200000-180000(Basic Limit)
2020000*10/100
TDS Paid 16833/- p.m.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sandip kr. maji
200000*12=2400000
2400000-200000=2200000
500000*10%=50000
500000*20%=100000
1200000*30%=360000
total tds =50000+100000+360000=510000 year
or
2000000*10%=20000p.m.
| Is This Answer Correct ? | 0 Yes | 3 No |
When calculating tds on a service bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Service tax" ? please answer with relevant provision
8 Answers Market Insight, NetTantra Technologies, Simoco,
Which book is best for fringe benefit tax ( FBT )
please tell me friends what are the formats of excise return and vat return?
what is D-1, D-2, Vat-C4,
Tell me the meaning of VAT (TDS) When it will be applicable? & rate of VAT TDS
6 Answers Gherzi Eastern, HCL,
How will be the treatment for FBT in the Financial Year 2009-10
Net Worth is: 1)total Assets less outside laibilities 2)Total liabilities plus owners equity fund 3)Current Assets less current liabilities 4)Total accumalted profit less liabilities
what data require for liability calculation under work contract tax composition scheme and regular method.
if vat include in purchase how to create entry in tally 9.0 for example: A item price rs. 100 include vat 13%, In tally any function we put item price 100 then vat 13% automatic reduce from price ( item price rs 87 & VAT rs 13)
Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?
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.
What is the difference where sales accounted exluding and including of vat, octrai, other taxes?
Audit 
