IF ONE DIRECTOR RECEIVE SALARY FROM 3 PVT LTD COMAPNIES 1. Rs. 490000/- , 2. 210000/- & 3. 210000/- & WHAT IS THE TDS PROVICION OF THE ABOVE SALARY U/S 192B in F.Y. 2011-12 .
Menu
Salary to director
Replies (6)
tds will be deducted by the cos & form 16 would be issued ,self assessment tax would arise & director will have to pay the same....
Every company should calculated the TDS and deduct from the director individually.
Regards
how to calculate TDS on Salary for Director / employee ??
what is the tds provision of the above salary to Director & calculation procedure.
same as other employees ,take basic & other details ,provide all allowances, deductions under chapter VI a & other exemptions then tax to be calculated as per slab rates & tax payable should be divided for 12 mths & accordingly tds should be deducted
| Originally posted by : nitin suvarna | ||
 |
tds will be deducted by the cos & form 16 would be issued ,self assessment tax would arise & director will have to pay the same.... |
 |
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
