WE HAVE PAID SALARY 200000 PER MONTH
a)COMPANY ALSO PAID HER HOUSE RENT WHICH IS 12000/- MONTH.
b)FURNITURE PROVIDE WHICH COST IS 175000/
I WANT SUGGESTION HOW DEDUCTED HER TDS PER MONTH
- 2 Answers
- 5240 Views
- I also Faced
- E-Mail Answers
Answer Posted / sandeep
basic salary 200000
rent 12000
furniture allowancess 1458.34
Total salary 213458.34
less dipriciation on furniture at 10% per annum
175000*10/100= 17500
17500*1/12 = 1458.34
calculation of tds
tatal salary 213458.34
Basic exemtion 160000
160000 to 213458.34 at 10%
53458.34*10/100
tds is 5345.834
| Is This Answer Correct ? | 14 Yes | 4 No |
Post New Answer View All Answers
If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?
What do you mean by fair rent?
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
Define deferred tax liability?
Define the term person?
Excise duty applicable for Handmade Production?
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
What is export under ribet notification number
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.
If a nri buys property in india, does he has to pay property tax?
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
What is permanent account number (pan)?
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
