Interested to Buy Any Domain ? << Click Here >> for more details...
Mr.x gets Rs66000P.M .He told that you donot cut any
dedution from my salary.This is possiable please tell some
useful investment
- 2 Answers
- 4679 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Based on the salary break-up and the details of savings &
investments submitted by any employee, tax liability has to
be calculated in respect of each individual employee and
proportionately deducted every month from his/her salary.
Tax liability should be calculated as per the provisions of
the Income Tax Act and any tax payable should be deducted
with out fail. Employer should not entertain any request or
instruction from any employee not to deduct tax, unless it's
supported with documentary proof and after applying it,
there will be no tax liability. If the employer fails to
deduct the tax, then he needs to pay interest to the government.
Remember no employee can be exempted from TDS just because
of his request or instruction. It can be done only in
accordance with the Income Tax Laws.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / satpal
As per indian income tax rule income over to 160000.00
applicable tds compulsory.
make possible investment :-
National Saving Certificate
Free Hold land purchase
Insurance
Land purchase against farming.
| Is This Answer Correct ? | 2 Yes | 0 No |
is goods in transit will be liable for entry tax ?
Hi Everybody, i would like to know the journal entry for the below question, 1). One color Tv is taken by proprietor for Personel use. also in TALLY Accounting package how i can post,if it is drawings,under which account, please let me know. Thanks,
how will rectify the error in trial balance.
A has to pay to B Rs. 10000 but C pay pay Rs. 10000 to B on behalf of A. What will be the journal entry in all the three persons.
which date is effected in books related bank reconciliation transaction date or value date?
What is the meaning of GAPP?
12 Answers Ernst Young, Inventory,
GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry
how to posting tally esi employer contribution and pf employer contibution not included in salary
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
how we calculate tds on salary
Explain me the difference between accounting and auditing?
Accounting Questions
Audit 
