How to use
To use this calculator you have to fill four yellow cells in the calculator
- First yellow cell is for nature of payment .presently fourteen (14) types of payments has been given.you have to select one of them .A unique code has been allotted to all type of payments type.You have to fill the code of your choice in the first yellow cell from 1-14.for example to select "payment for rent on property " select code "11"
- Second yellow cell is code of deductee .deductte means to whom payment is to be made .Tds rate is defined according to status of the deductee so selct correct deductee code ,so you have to select deductee code from 1-8.for example payment made to company select code "3"
- third yellow cell is a yes /no mode if you want to tds threshold limit to consider while calculating tds amount then fill "Y" otherwise remain unchanged at "N"
- Forth yellow cell amount of payment to be made ..fill here amount of payment .
after this hard work a rate will be shown against first arrow and amount of tds will be shown in second arrow.Further a note will be shown according to your selection.
Note: this calculator is for payment made to resident and domestic companies only .In case of non resident and non domestic company surcharge and cess are also applicable.
Sunday 22 November 2009
