Collection for information on income other then salary

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CA SAHIL GALA (Querist)
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15 March 2013 Is it necessary for employer to collect the evidence on information furnished by employee on income other then salary for deduction of tax. And , if yes then from when this amendment came into existence under which section

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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15 March 2013 According to the income tax act employer need not to be consider other sources of income of employee while deduction of TDS as well as if employee at his will he disclosed his other sources of income to employer then employer shall consider it for the purpose of deduction of TDS and need not be required to take any evidence of proof of such income. Because of disclosing of all his incomes of employee to income tax department is the responsible and risk of the employee not the employer but according to the section 192 employer should be deduct TDS on the payment of salary by the employer it is the responsibility of the employer to deduct sufficient TDS on Salary payment in case employee has submitted any personal savings to reduce his TDS deduction liability then employer should ask for the proofs of such savings.

OM SAI SRI SAI JAI JAI SAI

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