In FY2010-11, if person get salary 189600.00 after deduction
of Profession tax and his investment 11000/- in LIC for
whole year how many TDS deduct from his salary Pls reply i
am waiting for Answer.

Answer Posted / subhash a.

Dear friends he is seeking our advise.
But why u people r not considering the transport allowance
of ZRs. 800/- per month under deductions.

Rs. 9600/- (800 x 12) is straightway avaliable to him. U can
deduct it from taxable income. Even after that HRA is
available to him. Why dont u consider that?

He may not be subject to TDS after deducting these 2.

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain valuation methods of Normal and Abnormal loss

1615


What are the Types of invoices batching? & what is 3 way batch?

1708


Assets are held in the Business for the purpose of____________________

1778


why did rbi hiked repo and reverse ratio and how it will effect the market

1390


What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school

1558






What is cash clearing account

1418


what is Rectification of Errors ?

1780


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

1585


let me know the difference between net cash flow and income

1785


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

1563


what are the financial ratios that a manager see in accounting?

1503


Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai

1520


How exchange rates are maintained in sap

1476


Can you explain about the distinction of Book-Keeping and Accounting

1550


In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping

5542