Hi all,
I recently joint a pvt ltd firm which offered me gross
10000 salary Per month and 10.3%tds deduction on it. my net
salary will be 9000. My question is my salary is not
taxable then how they can deduct my tds? according to firm
tds return will get me back after 1 years ? I am totaly
confused with this pls guide me on this matter.
Thanks in advance
Answer Posted / suresh_cbe22
Hi,
Please confirm have you joined as a employee for the company
or they treated you as a consultant for the company. If you
are treated as a consultant they deduct tds for professional
Charges. If you are an employee of the company Tds is not
top be deducted from your salary.
| Is This Answer Correct ? | 22 Yes | 0 No |
Post New Answer View All Answers
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
tds will be charged by hotel industry on what
Define the term "Manufacturer"as introduced in finance act2010.
what do u meant by investment banking
witch taxes are calculate in CENVAT for Gold ornaments ?
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
How many heads are there under total income? Name them.
what is fbt@ ,sd @
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
What is process CST & Custom Duty Handle in tally Erp 9, with example.
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
accounting taxation