how to deduct tds on pension with examples
Answer Posted / vishal goel
If pension exceed the maximum exemption limit after permissible chapter VI A deductions & / or Relief u/s 89, then banks & other persons responsible for payment are duty bound to deduct tax at source.
Amount will be chargeable as per Income tax slab rate..
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Spinoff,Spelloff
Please advise how to calculate net asset....
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
How to show Airticket Expense on Company's A/c as Company expense
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
What is Prepaid Entry
cost of lease=20,000.refundable deposits 2000 (after 4 years).annuity value for 4 years @5% is .2820.find the net charge to p&l a/c
Which steps in Procurement to Pay process does FI documents get created.
What is a business transaction in accounting?
What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?
What is the use of form D in sale tax
What are the activities that are included in the cash flow statement?
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
what are the processes of account reconcillation