i am working as an accountant. i forgot to deduct the TDS of
one employee in year 2010-11 of Rs.1141/-. Now what is the
procedure or solution for it?
Answer Posted / kalpana janardhan dudhate
You Have more Option
If This employee not shown investment doc or medicals bills
or rent receipt more so tell them to get it if he shown all
document after that also tax is coming
so issue form no 16 & dont put payment details over their
and show payable tax on for 16
otherwise
pay tax to the government & with interest
interest rate is 12% Per Annam & 1% Per Month
Thanks,
Regards,
Kalpana
8828142221
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
Define previous year.
WHAT IS CORPORATE TAX ?
how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir
Type of form use in sales Tax
what about WCT (Work Contract Tax)
if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
please provide to us the rules of wct in andhra pradesh (Hyderabad)
please tel me Karnataka vat,sale tax deposit from and return from
Need of Bank Reconciliation to a company
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
If forth alphabet is f then what is TDS percentage ?
What is Vat and how it is adjustable with input vat and what return form required for DVAT?