Interested to Buy Any Domain ? << Click Here >> for more details...
if salary paid per month rs. 46500/- i will deduct tds from
his salary please what i will do explain
- 3 Answers
- 8613 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / mohd waqas
FIRSTLY YOU WILL DO WORKING SHEET AS FOLLOWING
MONTHLY SALARY - 46500
YEARLY SALARY -46500*12= 558000
LESS HIS ALL DEDUCTIONS SPPOSE -100000
total income is 458000
Slab Rate SLABS RATE for f. y. 2010-11
Tax Liability if he is male or HUF
UPTO 160000 NIL
160001-500000 10% 298000 29800
500001-800000 20%
MORE THAN 80000030% 0 0
BASIC TAX 29800
ADD:E.CESS(2%) AND SHC(1%) 894
TOTAL TAX DUE(R.OFF IN RS) 30694
So 30694 divide by 12 and you will deduct Tax in monthly
basis in his Salary appeox-Rs. 2600
We Hope you satisfied the answer.
| Is This Answer Correct ? | 6 Yes | 7 No |
Post New Answer View All Answers
what is the meaning of 4X and 10X value in intraday market?
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
Explain me what is general ledger account?
Tell us depreciation and its types?
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
What is tds and how it is calculated?
List out things that fall under intangible asset?
bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
what is mean by sample account and data transfer rule in SAP FI?
Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.
what is different between leaser of subsidary book and journal?
What is Provision Entry
Mention the types of ledgers?
What are depreciation and amortization?
