Salary not paid
Ashutosh (Manager) (29 Points)
29 March 2016Ashutosh (Manager) (29 Points)
29 March 2016
Sandeep Garg
(Consolidation and IndAS Application)
(1056 Points)
Replied 29 March 2016
You can take a legal action against company...but since the company is not able to pay salaries, it may be having unpaid dues of Banks and creditors as well. and lots of legal cases must be already there against the co. so you will add one more case which will cost to you only.
Company did not deposit TDS so it is default in IT act and IT authoritities will take care of it.
Company will issue Form 16, basis which you can file your return on accrual basis and not required to do anything when actual cash is received.
manoj
(student)
(5205 Points)
Replied 29 March 2016
first you will be taxed on salaries due or paid whichever is earlier basis
second ask the FORM 16 from company if it shows deducted TDS But not paid then you claim plus fight
Amit Tiwary
(SERVICE)
(39 Points)
Replied 29 March 2016
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India