06 April 2012
Hi All, Please advise how TDS amount should be deducted on Bonus Payment i mean, in the month of payment full tds at the rate which is applicable to employee or the tds liability should be distributed over a remaining months.
06 April 2012
if salary amount is taxable so when you paid bonus to employee, tds should be deducted from bonus as per slab but if employee salary & bonus combinedly not under taxable income then no need to deduct tds
CAclubindia
