Q8.

Particulars Amt Remarks
Basic Salary 40000  
Lunch Allowance 4000  
Transport Allowance 2500 (No Bill Submitted)
Children Education Allowance 4500 (1500*3 children)
Variable Pay 30000  
HRA 15000 (He had given declaration that he would submit Rent receipts by march of 18000 but in March had failed to do so)

CALCULATE  TDS from April to Feb and in March

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Q9.

Particulars Amt Remarks
Basic Salary 40000  
Lunch Allowance 4000  
Transport Allowance 2500 (No Bill Submitted)
Children Education Allowance 4500 (1500*3 children)
Variable Pay 30000  
HRA 15000 (He had given declaration that he would submit Rent receipts by march of 18000 but in March submitted only of 13000)

CALCULATE TDS from April to Feb and in March

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  1. Tax Practical
  2. Practical Payroll (TDS Salary,PF,ESI)

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .