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
Answers were Sorted based on User's Feedback
Answer / 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 |
when we buy an assets a vat has been charged, under which head we show this entry according Haryana sales tax act?
prove that 5 _ 5 _ 5 = 250. You can use all the four sign (+,-,/,*)and also square or get the square root. but prove it
What is the penalty of non payment or late payment of Service Tax, VAT, TDS?
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
IVrth quater tds return file last date
What is Sale in Transit Transaction and what are the forms issued and get form parties ?
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
treatment of Service tax and TDS
TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT OR THE INVOICE AMOUNT PLUS TAXES (SALES/SERVICE TAX)?
which within months we took service tax input. that means 3 or 6months
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
what is defferred tax liability ? explain with 2 example.