WE HAVE PAID SALARY 200000 PER MONTH
a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH.
b)FURNITURE PROVIDE WHICH COST IS 175000/
I WANT SUGGESTION HOW DEDUCTED HER TDS PER MONTH
Answer Posted / sandeep
basic salary 200000
rent 12000
furniture allowancess 1458.34
Total salary 213458.34
less dipriciation on furniture at 10% per annum
175000*10/100= 17500
17500*1/12 = 1458.34
calculation of tds
tatal salary 213458.34
Basic exemtion 160000
160000 to 213458.34 at 10%
53458.34*10/100
tds is 5345.834
| Is This Answer Correct ? | 14 Yes | 4 No |
Post New Answer View All Answers
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
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.
how many form used in sales tax return from begining to ending?
what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns
Explain deferred tax asset?
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
i want about TDS full details with Limit,Rate and Entry in Tally ?
what is deemed sales? how to calculated
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
for applying way bill for to send the materials from one state to onother state for a part load ( not full exclussive truck load)through transporter,dose it required vehical registration number or only transporter details can do.(as for part load , transporter unable to inform the vehical number in advance).kindly advise.
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?