T.D.S. On Salary

Hii Dear, For Salary of Rs.10000/-, tax is coming Rs.42 only. you can claim conveyance rs.9600/- I assume the person is a male and below 65 years age.

how to deduct tds on salary please explain it

we what tds rates for Director Remunaration in 30000/- per month

Hii... Can ny Bdy tells me d procedure 2 do Ledger Scrutiny..in audit

what are the perquisites ? what are excemption on under section 80 c, 80 ccc

there is a standard deduction of Rs 145000/- in case of ladies. in your case without any other deduction u\s 80c to 80u Tds on your salary will be Rs24700/- for this year.this amount of Tds is calculated when there are no bifurcation in your salary, like HRA , Conveyance And other allowances. if such type of bifurcation is done then tds amount will change.

Dear Sir/Madam,

TDS deduct & pay for mar'08 only

file return for 4qtr only or 1,2,3 qtr

pls confirm

Regards

Gopal.S

9788180019

please details of salary tds deduction process shoudule

hi friends,

Tds on salaries is calculated if the employee is having taxable income i.e,

basic pay+da+hra+conveyance etc=gross income

gross income-deductions as per income tax sectionsi.e,

80c,80d, etc=Taxable income

if taxable income is above Rs12500pm ie,150000/12months

tds rates applicable  is 10% plus surcharge 10% and educations cess 3%

Plz  Detail For salary Tds and How can Calcullated for amount.

Dear Sir

I am always confuess about TDS on Salaries if a person Salaries is 10,000 x 12 = 1,20,000 only 10,000 is taxable p.a i.e., 10,000 x 10% = 1,000

1000/12 = 83

how abuot 15,000/-

15,000  x 12 = 1,18,000

70,000 x 10% = 7,000

7000/12 = 583 is it true

please help me out

very good