how to calculate tds?
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Answer / brahmaji
TDS IS TAX decuction Sources Of GOVT RULES UNDER SACTION
WISE OF TAX PAYEE AND PAYER ON SERVICES ,COMPANIES IN
COLLECTED SOURCES OF PAYMENTS OF TDS
194C,194B,194H,194A,194J,194I SECTIONS WISE DEDCUTED IN NET
AMOUNT FROM TAX .
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / praveen kumar peddini
Calculate total year income as per April month then you will
get gross total income, and deduct his savings then you will
get net income. In that income you have to calculate tax as
per rules, in that tax you have to again calculate Education
cess and also higher educational cess and add this with tax
which you got first. Now you get total tax so divide it 12
months and deduct that every month.
| Is This Answer Correct ? | 2 Yes | 1 No |
for calculating net worth formula is Assets u/s+deemed
assets u/s4 -exempted assets u/s5- debt related to assets
| Is This Answer Correct ? | 2 Yes | 3 No |
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