if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS

if a company give salary Rs- 6000 and incentive Rs- 4000 julyy
month then TDS will deduct by the company from employee
account or not.

Question Posted / loveleen.1310

2 Answers
4501 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the c..

Answer / guest

No,
Because in the above case if for the month of july the total
payment made to the particular person is 10,000(6000+4000)
also, he does not cross the limit(180000<120000(10000*12).

Is This Answer Correct ?

3 Yes

0 No

if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the c..

Answer / poorni

for 6.000/- will come under taxable limit... so, no point to deduct tds on this salary .

Is This Answer Correct ?

1 Yes

1 No

Post New Answer

More Taxation Interview Questions

what are taxes imposed in mumbai if goods comes from vijayawada to mumbai

1 Answers

What are the Karnataka's VAT Rates ?

1 Answers

what is current TDS (tax deduction at source)rate?

3 Answers IBM,

A charted accountant has submitted a bill towards his professinal fees of Rs.330900.00 which includes service tax of Rs.30000, Edu cess Rs.600.00 and shec of Rs.300.00. Please suggest me how much TDS we will deduct from this bill.

7 Answers

I am a trader supplying goods to an exporter in other state. Is it enough if I get form H from him, to avail tax exemption?

1 Answers

How to reconcilation of modvat

0 Answers GCI,

DEFINE 'SALES TAX, CORPORATE TAX, PROFESSIONAL TAX & INCOME TAX'? (please give accurate definitions dudes)

3 Answers Deloitte,

which book is best for VAT ( gujarat ) & TDS

0 Answers

professional tax rate

0 Answers

What is the vat percentage for construction company