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 / kishan
hi,
How can it is possible, TDS percentage is 1.133% but there
are charging you around 10.3% is it TDS or else Service tax,
and person who get salary of Rs 10000/- not liable for TDS,
so you can ask your company why there are charging TDS on
what bases. okay.
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
How to working service tax in excel sheet?
please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
sir, can you give me clarification briefly how to capitalized and which one capitalized
why VAT not charged in deemed sales bill.
WHAT IS CORPORATE TAX ?
what are accounting principles
what is the vat rate of Saw dust powder in maharashtra
At what rate firms are required to pay tax on their income?