Answer Posted / s.sridhar
Deduction Under Section 194 of Income Tax Act.
In simple terms, TDS is the tax getting deducted from the
person receiving the amount (Employee/Deductee) by the
person paying such amount (Employer/Deductor).
Take example as for Salaried employees Form 16 and for
Consultants Form 16A.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are the advantages & disadvantages of double entry system?
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
How to pass the entry in tally for demolished of building?
What is departmental accounting? Give an example
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
What does it mean to do accounting training outside of public practice?
What are the fictitious assets?
Difference between depreciation according to cost principle and matching principle
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
Explain which accounting application you prefer most and why?
Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
How familiar are you with crm?
Explain what is double-entry accounting? Explain with an example?