How can I calculate TDS AND FBT tax for a Travel Company?

Answer Posted / mohd. sikander

Calculation of TDS

01: Calculate the total amount payable for the bill amount
02: Deduct the amoutn @ 2.06% as
Income tax @ 2 %
Edu. cess @ .04 5
HSEC @ .02 %

03: Make the payment by rest amount after deducting the tax

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