19 December 2013
Sir, I have received Cheque of Rs.43315=95 after deducting 10% TDS. I want to know on which amount this cheque amount get. Any formula for this calculation or reverse calculation method? Waiting for your reply. Thanks. Pravin.
19 December 2013
Simply divide the amount by 90% and you will get the gross amount which works out Rs 48128.83 So TDS is 4812.883 Finally 48128.83 - 4812.883 = 43315.95
CAclubindia
