Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


if salary paid per month rs. 46500/- i will deduct tds from
his salary please what i will do explain

Answers were Sorted based on User's Feedback



if salary paid per month rs. 46500/- i will deduct tds from his salary please what i will do explai..

Answer / mohd waqas

FIRSTLY YOU WILL DO WORKING SHEET AS FOLLOWING
MONTHLY SALARY - 46500
YEARLY SALARY -46500*12= 558000
LESS HIS ALL DEDUCTIONS SPPOSE -100000
total income is 458000
Slab Rate SLABS RATE for f. y. 2010-11
Tax Liability if he is male or HUF
UPTO 160000 NIL
160001-500000 10% 298000 29800
500001-800000 20%
MORE THAN 80000030% 0 0
BASIC TAX 29800
ADD:E.CESS(2%) AND SHC(1%) 894
TOTAL TAX DUE(R.OFF IN RS) 30694

So 30694 divide for 12 and you will deduct Tax in his
Salary appeox-2600
We Hope you satisfied the answer.

Is This Answer Correct ?    13 Yes 5 No

if salary paid per month rs. 46500/- i will deduct tds from his salary please what i will do explai..

Answer / mohd waqas

FIRSTLY YOU WILL DO WORKING SHEET AS FOLLOWING
MONTHLY SALARY - 46500
YEARLY SALARY -46500*12= 558000
LESS HIS ALL DEDUCTIONS SPPOSE -100000
total income is 458000
Slab Rate SLABS RATE for f. y. 2010-11
Tax Liability if he is male or HUF
UPTO 160000 NIL
160001-500000 10% 298000 29800
500001-800000 20%
MORE THAN 80000030% 0 0
BASIC TAX 29800
ADD:E.CESS(2%) AND SHC(1%) 894
TOTAL TAX DUE(R.OFF IN RS) 30694

So 30694 divide by 12 and you will deduct Tax in monthly
basis in his Salary appeox-Rs. 2600
We Hope you satisfied the answer.

Is This Answer Correct ?    6 Yes 7 No

if salary paid per month rs. 46500/- i will deduct tds from his salary please what i will do explai..

Answer / ravi

FIRSTLY YOU WILL DO WORKING SHEET AS FOLLOWING
MONTHLY SALARY - 46500
YEARLY SALARY -46500*12= 558000
LESS HIS ALL DEDUCTIONS SPPOSE -100000
total income is 458000
Slab Rate SLABS RATE for f. y. 2010-11
Tax Liability if he is male or HUF
UPTO 160000 NIL
160001-500000 10% 298000 29800
Insurance 100000
------
(70200)
TOTAL TAX DUE(R.OFF IN RS)

So NILL divide for 12 and you will deduct Tax in his
Salary appeox-2600
We Hope you satisfied the answer.

Is This Answer Correct ?    2 Yes 7 No

Post New Answer

More Accounting General Interview Questions

Is bank charges in accounting a direct expenses or indirect expenses

7 Answers  


How we can apportuin the prepaid ex., example for jouran voucher

1 Answers  


in what circumstances it is mandatory to calculate the goodwill.

0 Answers  


what is cost center option in tally what purpose it is used?

1 Answers  


ledger entry for outstanding salaries

10 Answers   D Link, ITC Infotech, Northern Trust,


if a employee basic salary is rs. 8000/- in march 2010 his total days of salary is 15 then what will amt comes in his f.p.f.(8.33%) account

5 Answers   Simplex,


what is MIS report we prepare it?

7 Answers   Genpact,


when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier

0 Answers  


What is differed revenue expendature?

2 Answers   FIC,


Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

0 Answers  


RESERVE A/c - What is the type of A/c means is this a Personal A/c or Real A/c or Nominal A/c?

3 Answers   BPO,


Sold goods to Gasha 600 by cash

0 Answers  


Categories