Interested to Buy Any Domain ? << Click Here >> for more details...
Please mention the procedure of Deducted TDS on Salary?
If My Salary is Rs.250000/- PA. than how to deduct TDS on it?
- 11 Answers
- 28317 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / satyanarayana raju
First of all we have to see the question once again before
answering. The question is not clear.Mr Lokesh did nt
mention his salary as gross or nett.If Lokesh think carry
home salary as nett salary or Nett salary after allowing
all the permissible deductions, treatment will differ.Nett
salary is the salary after all permissible deductions
allowed by the Income Tax Department. Profession tax
deducted by the employer, Transport allowances,Exempted
part of HRA,and allowability in the shape of
savings,childrens school tution fee,Medical insurance,and
reliefs if any will be deducted from Gross salary.After all
these things the tax will be levied as per calculations. If
planned correctly A Person need not pay a single paisa tax
even though his income crossed 4,25,000/. If any body
interested I will give a correct explanation on salries. As
an Auditor I can educate you. Pl ask me thru your e-mail id
today
| Is This Answer Correct ? | 15 Yes | 4 No |
Post New Answer View All Answers
Purchase book is a ----------journal
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
1. Fdr mature with interest
Office cash was stolen? state whether the following transcation is business transcation or non business transcation?
explain the financialand economic meaning of investment?
what is an advance against expenses
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
Clasify capital
how to entry of hra
Expand-------------BRTS
Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
if jj form not cancelled within 1hour,wat to do
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
