Form 16
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
Dear Experts,
Could you please help me on below query:
I have calculated TDS on Salary for X employee is Rs.20,000/- but i have deducted TDS on salary for whole year is Rs.15,000/- and the balance of Rs.5,000/- can be show as payable while issuing the form 16. is it possible?
Could you please help me on below query:
I have calculated TDS on Salary for X employee is Rs.20,000/- but i have deducted TDS on salary for whole year is Rs.15,000/- and the balance of Rs.5,000/- can be show as payable while issuing the form 16. is it possible?
chetan soni
(Expert)
12 January 2011
yes, but the salary proportionate to Rs. 5000 will be disallowed under sec.40(ia)
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