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 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

In a case one company has paid surcharge of Rs100000 by mistake. What are the remedies available to the companies.

3 Answers   M&M Associates,


IVrth quater tds return file last date

3 Answers  


what is the difference between vat return and return for remittance on value added tax.

0 Answers  


Can the CST payments be adjusted with the VAT credit .

5 Answers  


HOW A PARTNERSHIP FIRM CALCULATE TAX ON INCOME

2 Answers   IBM, UBI,


What is deffered tax liability?

5 Answers  


Is Late fee and service tax thereon LIC Premium is elgible for deduction u/s 80C ?

2 Answers   Voltas,


company want to me deduct tds, i have pan if i need tan number.if yes kindly explain why?

1 Answers   vguard,


Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?

0 Answers  


what is e-1 sales

1 Answers   ABC,


How a dealer shall be registered under O.S.T. & C.S.T. Act?

2 Answers  


can we issue F Form within the state? if yes what is the condition?

2 Answers  


Categories