Hi all,
I recently joint a pvt ltd firm which offered me gross
10000 salary Per month and 10.3%tds deduction on it. my net
salary will be 9000. My question is my salary is not
taxable then how they can deduct my tds? according to firm
tds return will get me back after 1 years ? I am totaly
confused with this pls guide me on this matter.
Thanks in advance
Answer Posted / suresh_cbe22
Hi,
Please confirm have you joined as a employee for the company
or they treated you as a consultant for the company. If you
are treated as a consultant they deduct tds for professional
Charges. If you are an employee of the company Tds is not
top be deducted from your salary.
| Is This Answer Correct ? | 22 Yes | 0 No |
Post New Answer View All Answers
if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices
kindly advise me any set off in excise duty in maharashtra
if waybill issued by consignor , then c form issue whose responsibility?
what is form 8? what are all the details to be collected while buying c form
What is the difference between fund flow vs. Cash flow?
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.
procedure to get Raw Material free of excise duty under Central Excise Act,
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
what is cost taxation