Master circular on tds on salaries

This query is : Resolved

Niraj Mahajan (Querist)
Follow

18 February 2012 Dear Sir

2 quick questions:

1. Whether Master Circular for TDS on SALARIES is available for FY 2011-12? If yes, where can i find it? The Ciruclar no. will suffice.

2. Please confirm my understanding whether the employee HAS TO submit details of other income i.e. other than salary to the Employer for the purpose of making TDS? As far as I believe, the employer must make TDS only in respect of 'Salaries' paid by him. It is at the discretion of the employee whether he wants to reveal/submit the details of other income.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

19 February 2012 1. F.Y 2011-12 not published. CBDT Circular 5/2011 dated 16/08/2011 is the latest ie., for FY 2010-11.
2. Seems your understanding is correct.

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

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

Ravikumar

DILIP

Vignesh Killur

Amit

Subbiah S

Subscribe Now

Master circular on tds on salaries

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANCY

CA Final

Manager- Finance and Compliance

Senior Executive

GST CONSULTANT