Epf or esi

Quick Summary
The discussion covered Tally journal entries for EPF and ESI employee and employer contributions, payroll voucher usage, and salary TDS concepts under Section 192. Members also discussed payroll accounting, tax deductions, and salary slip treatment.

Originally posted by : Yasaswi Gomes new
https://www.caclubindia.com/events/calculation-of-income-from-salary-and-filing-their-income-tax-return.asp

You MUST join this course asap lol

Ha ha ha ha ha...

You can't learn anything if You close eyes and like horse in chariot...

 

GOOD LUCK...

tds                               
                               
192                              
194 C Payment to contractor/sub-contractor:-   Single transaction-30,000 and aggregate transaction is 100000INR 1% for individual, 2% for companies
194 H Commission or brokerage             15,000   5%      
194 I Rent of plant, equipment and machinery           240000   2%      
  Rent of land, building, furniture or fitting           240000   10%      
194 J Any sum paid by way of fee for professional services, director remuneration     30000   10%      
  Any sum paid as a fee for technical services         30000   2%      
194 N Cash withdrawal exceeding a certain amount         1 Crore   2%      
  Cash withdrawal in case person not filing ITR for last three years and the original ITR filing due date expired 20 Lks-1Crore 2%      
                    1 Crore   5%      
194 Q Purchases               5000000   0.1%      

are these enough for tally interviews? 

Now lol if you want to buy I already know the answer. I was entertaining everyone. The sheet 1 contains tds on bonus calculation. I'm a con artists and MCA to test everyone's understanding in Indian CA's. My aim to reduce frauds in every company through camaraderie only and no friendship between colleagues, owners and foreign clients. 

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