Excess Advance Tax Credit adjustement against tds lia Tds l

This query is : Resolved

Vicky C Lakhwani (Querist)
Follow

26 March 2011 Hi Dear

Suppose employer start to deduct tds on salary but in the mid of financial year he stop to deduct tds on salary for further months as employee has paid more advance tax hence when we are computing overall income of employee we find that tds already deducted+ advance tax paid is already more then what employee tax liability comes hence because of which employer subsequent doesn't deduct tds from salary> Now tds officer issue notice to employer that why tds not deducted for renaming months & he is demanding now tds liability with interest amount. Employer explain to tds officer but he want some strong evidence. So please friends & experts kindly advise on above mater and provide any case law reference u had

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

26 March 2011 Advance tax seperet issue.

TDS to be deduct at timely and to be deposit timely.

Message likes : 1 times

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
Follow

26 March 2011 Challan for payment of advance tax by the employee is the strongest evidence. Produce it before the authority.

Message likes : 1 times

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

27 March 2011 Yes, If you have copy of advance Tax of Employee and Income Tax return then you can produce it.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Angadi & Co

SHUBHANGI GOEL

SUMAN SAHA

AJAY Kumar Agrawal

Pawan Haryani

Subscribe Now

Excess Advance Tax Credit adjustement against tds lia Tds l

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Article Assistant

CA Final