Hello all , I have a doubt regarding TDS.My salary ranges
between 22k to 26 k per month and i have a TDS component cut
every month.My doubt is that what is the % of tax ? what are
the ways i can get back my TDS and what are the methods that
can help reducing tax .And my another doubt is that whether
the tax is calculated only on the basic pay or on the whole
salary I get ? because my salary has HRA in its component
,will that also be counted in tax calculation or excluded ?
Answer Posted / psrecd
the tds rate will be @10% of your net salary you will receive.
tds is deducted only when your salary exceeds 180000
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
Explain long term capital gains and how is it different from short term capital gains?
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.
calculation of Tds on subcontractor
What doyou mean by assesment order? and for what purpose it will be passed?
vat return dates for uttrakhand
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
sir, can you give me clarification briefly how to capitalized and which one capitalized
how form h fill up?
how to calculate and submit to the concerned authority of pf,esi,pt. explaine?
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?