13 March 2008
The TDS deducted for a salaried employee takes care of his entire tax liability for the year.His tax liability for the year is more than Rs.5000
Does that person has to check whether he complies with section 211 to see whether 30%, 60% and 100% of his total tax liability for the year is deducted and paid to IT dept. before 15 Sept, 15 Dec and 15 March respectively?
If not, which is section which says section 211 is not applicable to salaried employee?
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