Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

how to calculate T.D.S on the basis of current I.Tax slab if
the monthly salary is 50,000 p.m.

Answer Posted / mahesh

The 50000 is the Net income and as we know the net income
includes all the allowances and other benefits (Deduction)
therefore the TDS as per the income tax is not calculated
accurately without geeting the basic income of the same
person or on the bases of basic salary of the person

Is This Answer Correct ?    3 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define deferred tax liability? What items come under deferred tax liability?

1156


Please let me know the depreciation rates.... com 2011-12.... Vechicle - Computer - Furniture - Tel instrument -

2213


My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.

1535


Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?

1815


Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

2230


Is Work Contract Tax expenses for a company?

1526


Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?

1938


SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A

1596


Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

2017


How should the personal assets of a salaried employee be shown in his books of accounts ?

1690


Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere

2235


The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

20598


Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1909


in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?

1992


What do you understand by transfer income?

1037