if my salary is 21855 per month for finicial year april 2011-
march 2012 what tax will be deduct

Answers were Sorted based on User's Feedback



if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / lavy goel

monthly salary = 21855
annual salary = 21855 * 12 = 262260/-
as per India TDS rule no tds will be deducted on annual
salary =>180000
so total annual salary 262260-180000 = 82260/-
TDS 82260*10% = 8226/-
and per month = 685.50/-

Is This Answer Correct ?    14 Yes 3 No

if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / pankaj kumar

monthly salary = 21855
annual salary = 21855*12 = 262260/-
as per India TDS rule on TDS will be deducted on annual salary
=>180000
so total annual salary 262260-180000 = 82260/-
TDS 82260*10.3% = 8472.78/-
and per month = 706/-

Is This Answer Correct ?    14 Yes 4 No

if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / guest

9452+253

Is This Answer Correct ?    0 Yes 0 No

if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / shantanu

monthly salary = 21855
annual salary = 21855*12 = 262260/-
as per India TDS rule on TDS will be deducted on annual salary
=>160000
so total annual salary 262260-160000 = 102260/-10% = 10226
10226
+2% Ed Surcharge 204
+1% Sec. Ed Surcharge 102
total tax 10532
tds 10532/12=878 per month

Is This Answer Correct ?    1 Yes 13 No

Post New Answer

More Taxation Interview Questions

Is there any change in the section 80DD for the financial year 2009-10

0 Answers  


we trf goods to our consignment against 'F' form in meerut and he returned some goods back to us plz. tell me should we have to issue a F form to them

1 Answers  


Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?

1 Answers  


i m geting gross 12250.m i liable for tds ? if s then how much it will take?

2 Answers   TATA,


What is the difference between profit and gain?

8 Answers  






tds will be charged by hotel industry on what

0 Answers   Hotel Management,


Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax

0 Answers  


Which form we use for depositing FBT?

3 Answers  


Briefly Explanation of Entry Tax when we pay the Entry Tax

1 Answers  


what is the difference between sales tax and tax deducted at source in karnataka

1 Answers  


can a company/firm give more than 20000 rs in cash in a day to his employee as an advance for day to day exp ( not for purchase a capital asset )

3 Answers   Gammon,


PURCHASE OF FIXED ASSETS THAT PURCHASE TO CLAIM THE VAT PAYMENT ?

4 Answers  


Categories