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What is the TDS ratio & TDS chart plz provide me TDS amt &
percentage & Ration
my id - hansika.kk@gmail.com
- 3 Answers
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Answer Posted / v. balaji
Dear Mr. Jaswant,
Pls note, u have mentioned total rent amount is Rs.21000.00
per month.So pls follw below method
As per govt. order upto Rs.120000.00 no TDS. So u calculate
( 21000*12 months = 252000 - 120000 =132000.)So your
deductable TDS amount is Rs.132000.00 only.
132000/6 months + balance amount is Rs6000.
So u can deduct TDS from OCT-09 amount of Rs.6000*10% = 600.
i.e u have pay to rent amount on OCT-09 is Rs.20400 ( 21000-
600 _ only.
Then from Nov-09 to March-2010 y have to pay rent a/c
cheque amount is Rs.18900( 21000-2100 ) only
Are u clear.
| Is This Answer Correct ? | 2 Yes | 1 No |
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