how to calculate T.D.S on the basis of current I.Tax slab if
the monthly salary is 50,000 p.m.
Answer Posted / mahesh
The 50000 is the Net income and as we know the net income
includes all the allowances and other benefits (Deduction)
therefore the TDS as per the income tax is not calculated
accurately without geeting the basic income of the same
person or on the bases of basic salary of the person
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
how to calculate of FBT with example & what is Rate
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?
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
what is excise
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
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 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?
Can u provided all the dues date and depositing date which are used in general manner or Income tax..
procedure to get Raw Material free of excise duty under Central Excise Act,
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 ?
Service tax applicable or not for Govt Guest House contract work.
treatment of Service tax and TDS
I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.