@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 29 December 2011
| Originally posted by : MUKUL JAISWAL | ||
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Hehe.. I dont know why you guyz are fighting like hell on this querry.. Dear.. The solution is simple.. Deduct T.D.S on the rate Higher of the following.. i) Average annual tax rate on salary, or ii) 20 % Therefore, If the amount of receiopt of income from salary is500000/- then tax should be deducted @ 20% and if it is 9000000/- then @ 30%. :-) |
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mohan
(traine)
(22 Points)
Replied 30 December 2011
i.e 5lac *20%=Rs.1 lac/12 =8333 is to be deducted from monthly salary.
Ashvin Bhanderi
(ACCOUNTANT)
(59 Points)
Replied 31 December 2011
agrre wid suddharth bumb... y r u fighting??
its simple yaar..
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 31 December 2011
no , not fighting at all.... just discussion is there
CAclubindia
