Advance salary given to employee

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 December 2015 Dear Experts,
My company is giving Rs. 20000/- PM basic salary to one of the employee, so his total CTC was 20000*12, 240000/- PA, hence no TDS was made on his salary however in december 2015 the company has given him Rs. 50000 advance salary, therefore his salary has been 290000, plz clarify weather we should deduct TDS after considering the relief u/s 89(1) or not....

Regard
Aman Thukur

Amol S Joglekar

Amol S Joglekar (Expert)
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17 December 2015 Yes, you can opt for the benefit of sec 89
https://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx

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