banner_ad

Flat rate or slab rate

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 August 2012 Dear Expert,

My client is a doctor by profession. He is earning Rs. 9,60,000 pa. TDS deducted @ 10% Rs. 96000. Rs. 8,64,000 is taxed at slab rates or at the flat rate of 30%. Please clarify regarding this?

with regards,

R. Gurucharan.
Profile Image

prateek aanchalia

Profile Image

prateek aanchalia (Expert)
14 August 2012 if he earn income as professional income than TDS rate (194J) @10% but if he is earning income as per salary basis than TDS (192A) charge on slab base rate.
Profile Image

Deepanshu Agg.

Profile Image

Deepanshu Agg. (Expert)
21 September 2012 Calculate Tax liability on whole amount of Rs 960000 as per slab rate ,then from such tax liability deduct TDS amount, balance is your Tax liability.
Hence Tax is payable as per slab rates
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details