TDS will be deducted on complete 55000/-.

Originally posted by : manish
	TDS will be deducted on complete 55000/-.

Am Also agree with manish TDS has been deducted on full Amount i.e. 55000*10%=5500

The tax will be deducted on whole of Rs 55000/-

Tds will apply on Whole amt of Rs.55000/- U/s.194J

whole amount!!

TDS IS TO BE DEDUCTED ON 55000 ,WHOLE AMOUNT...

ON WHOLE AMOUNT

TDS WILL BE DEDUCTED ON RS.55000/- @ 10% = 5500/-

AMOUNT PAYABLE AFTER TDS  55000-5500=49500/-

REGARDING EVERY SECTION OF TDS IF AMOUNT IS MORE THEN HOLD LIMT TDS WILL BE DEDUCTED AS SAME ABOVE

hi,

tds will be dudected on the whole amount i.e Rs.55000 at the rate of 10%

The tax will be deducted on whole amount.

Ya it will be deducted on whole amount i'e., 55000/-

ON GROSS AMOUNT RS.55000/- @ 10/