if salary paid per month rs. 46500/- i will deduct tds from
his salary please what i will do explain
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Answer Posted / ravi
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
Insurance 100000
------
(70200)
TOTAL TAX DUE(R.OFF IN RS)
So NILL divide for 12 and you will deduct Tax in his
Salary appeox-2600
We Hope you satisfied the answer.
| Is This Answer Correct ? | 2 Yes | 7 No |
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