how to deduct tds on pension with examples
Answers were Sorted based on User's Feedback
Answer / maya
If the pension exceeds Rs 200,000/- pa , tds will be deducted @10% [same as salary]
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / aparna baradkar
income up to 2.5 lakhs no tax will be deducted
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / vishal goel
If pension exceed the maximum exemption limit after permissible chapter VI A deductions & / or Relief u/s 89, then banks & other persons responsible for payment are duty bound to deduct tax at source.
Amount will be chargeable as per Income tax slab rate..
| Is This Answer Correct ? | 0 Yes | 0 No |
What is Time capital
in sap how can configuring the asset revaluation, please send procedure.
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
Which of the following statement is not true: (a) If del-creder’s commission is allowed, bad debt will not be recorded in the books of consignor (b) If del-creder’s commission is allowed, bad debt will be debited in consignment account (c) Del-creder’s commission is allowed by consignor to consignee (d) Del-creder’s commission is generally relevant for credit sales
Explain the impact of working capital in general business activities?
1 Answers Accenture, Capital IQ,
How can do it TDS in accounts?
what is penaultimate sale
which chart of accounts is used for day to day postings?
Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?
what is account payable
What is the order of priority of the following. 1.Trial Balance,2.Sales Ledger,3.Journal Entry,4.General Ledger,5.Balance Sheet,6.Profit and Loss Account,7.Cash Flow and fund flows.
Can i put opening stock in new company during closing time