if mr.X get 2,00,000.00 per month salary. than how we will
calculate his tds.
Answers were Sorted based on User's Feedback
Answer / k.neeraj.sinha@gmail.com
Annual Salary 200000*12 = 2400000
Tax thereon Rs.561350
TDS Rs. 46780/pm
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bikash
200000*12=2200000
2200000-180000(Basic Limit)
2020000*10/100
TDS Paid 16833/- p.m.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sandip kr. maji
200000*12=2400000
2400000-200000=2200000
500000*10%=50000
500000*20%=100000
1200000*30%=360000
total tds =50000+100000+360000=510000 year
or
2000000*10%=20000p.m.
Is This Answer Correct ? | 0 Yes | 3 No |
Write entry for interest receivable from bank Rs. 15000 TDS 2250.
26 Answers Datamatics, Kalash Commodity, Overnite Express,
What is the difference between Mortgage, Pledge and Hypothecation? Reply.....
How to calculate IT,TDS,ADVANCE TAX,VAT,CST,EXCISE DUTY,PT,ST.ESI.PF?
5 Answers Alp Consulting, Jaycon, KPMG, Manufacturing, Unique Circle Engineering,
The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
Under what circumstances income of a person can be assessed in the same year in which it is earned
which is the payment date & return fileing dates of PF, PT,ESI,TDS,Service TAx and IT in Karnataka
We had tax audit in our tour company. After examination of our tax account they have given us out standing tax liabilities in two type (1) corporate Tax (2) Vat. Now question is that in which ledger these liabilities will come and how should I pass entry for both in accounts. Kindly request to you please answer me
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
what is roc which works roc
How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.
How much in the inter state tax CST For the LPG Stove