Tds on salary
This query is : Resolved
16 November 2013
dear sirs
Mr A is the employee of the S Ltd. and earned salary for the A.Y.2013-14 Basic salary - 21500 p.m.DA 8000 p.m. commission 30000 p.a
so anybody calculate what is the TDS amount p.m
16 November 2013
Salary(21500*12) = 258000
D.A.(8000*12) = 96000
Other Income declared by employee = 30000
Total 384000
less: Deduction u/s chapter Vi -
tax on 384000
Assuming assessee as resident indivisual tax on 384000 under normal rate is 18952.
TDS amount p.m - 18952/12 = 1580 approx.
D.A.(8000*12) = 96000
Other Income declared by employee = 30000
Total 384000
less: Deduction u/s chapter Vi -
tax on 384000
Assuming assessee as resident indivisual tax on 384000 under normal rate is 18952.
TDS amount p.m - 18952/12 = 1580 approx.
Message likes :
1 times
17 November 2013
Dear sir
Thank you so much for your valuable answer
Thank you so much for your valuable answer
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- ITC EXCESS CLAIM + RCM NOT PAID...BOTH FOR FY 2020-21......PAID IN FY 2024-25....EFFECT
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
