18 December 2016
as my company is deducting 3600/- from my salary from April 2016 I wanted to know how much amount and also I wanted to know how much TDs is to pay till March my take home salary
18 December 2016
If consider gross salary 972000, not mentioned allowance and savings but I will take CA 19200 PT 2400. Rs.21600 total deduction. Rs.115080+3% 3452 will be taxable income. Upto 5 lakhs 10% after exclude basic exemption, so 250000 @10% bal upto 10 lakh bal 450400/- 20%
18 December 2016
They have considered taxable income Rs.590000/- Tax will be Rs.44290/-Total 825000-HRA-CA-PT and Chapter VI A deductions may be considered
18 December 2016
You have not given your saving details basic,Hra details for 60000/- and 81000 salary etc, but your salary is 825000/ if I take full salary.total tax liability 92700/= tds 7725 monthly.since your salary increased to 81000/- they will increase deduction.
18 December 2016
for 60000 what ever TDs is there I have already paid I wanted to now after salary increase how much extra amount will come 81 is take home salary
18 December 2016
From take home salary it is difficult to predict TDS, you have not given saving details, whether you are claiming HRA, actual rent paid and Basic salary Etc,
You are giving take home salary.I have taken full take home salary total tax liability apps Rs.92700/-. 92700-21600. Rs.71100 balance payable same to be deducted balance months.
18 December 2016
Without giving detail you are asking TDS liability, my previous reply I made clear with out absence information I have taken full take home salary for calculation if you are have saving you will save 20% less what I computed . Since you are in 20% bracket.
18 December 2016
Information insufficient, now disclose housing loan but not disclosed interest part and other savings, PF, mediclaim etc, whether any income you are deriving from property etc, giving incomplete information difficult to arrive tax liability.
After 5 replies you are sharing housing loan, so please consult professionals with full details they will guide you.
CAclubindia
