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@ Prasad Nilugal @ RajaPM @ Sabyasachi

Taxable income -IT= salary payment-TDS from it correct

Dr. Salary expense 

Cr. Tds

Cr. Income tax

Cr. Salary payable

Originally posted by : Yasaswi Gomes new
	@ Prasad Nilugal @ RajaPM @ Sabyasachi Taxable income -IT= salary payment-TDS from it correct Dr. Salary expense  Cr. Tds Cr. Income tax Cr. Salary payable

Where You learn like this...

Please come out from straight view...

Also don't take copy....

You provide TDS deduction then why Income Tax...??

Why Income Tax...??

Originally posted by : RAJA P M
	Originally posted by : Yasaswi Gomes new @ Prasad Nilugal @ RajaPM @ Sabyasachi Taxable income -IT= salary payment-TDS from it correct Dr. Salary expense  Cr. Tds Cr. Income tax Cr. Salary payable   Where You learn like this... Please come out from straight view... Also don't take copy....     You provide TDS deduction then why Income Tax...?? Why Income Tax...??

That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula 

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

I owe @ Raja 2 like if he gets me correct. My likes aren't working

Originally posted by : Yasaswi Gomes new
	I owe @ Raja 2 like if he gets me correct. My likes aren't working

Okay Ji,

I will reply you tomorrow.. Right...??!!!

Ha Ha Ha ha Ha ha 

Originally posted by : Yasaswi Gomes new
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

Originally posted by : Yasaswi Gomes new
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

Originally posted by : Yasaswi Gomes new
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

Originally posted by : Yasaswi Gomes new
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

Originally posted by : Yasaswi Gomes new
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

Originally posted by : Yasaswi Gomes new
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

Originally posted by :
	That's what Imy doubt is? What to do with both the figures. IT is payable everymonth and TDS must be credited and deposited. Maybe ill modify my formula  Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

Taxable income-(IT-TDS) = HAPPY TAKE HOME SALARY . Correct?

- I don't know. Bcoz, I can't understand this formula. It's Yours so You must understood this....

TDS must be credited and deposited...

- Yes Exactly, If applicable. If not applicable then no collection, Credit and Deposit....

IT is payable everymonth...

- Really, I don't know this one. Who is paid IT every month... If any new rule then please quote the provisions...

TIA.

https://www.caclubindia.com/events/calculation-of-income-from-salary-and-filing-their-income-tax-return.asp

You MUST join this course asap lol