Advvance tax to be considered in TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 May 2011
Whether Advance Tax paid by the employee will be considered while computing the TDS on his/her salary.
Please guide me.
Please guide me.
13 May 2011
obviously yes
ca manoj gupta
jodhpur
09828510543
ca manoj gupta
jodhpur
09828510543
13 May 2011
Generally employees dont pay advance tax as TDS is deducted from their salary. In case advance tax is paid by the employee the amount of TDS to be deducted will be reduced by the amount of advance tax, on submission of photocopy of challan ITNS 280 to employer.
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