Tax deduction from salary
This query is : Resolved
a.srinivas
(Querist)
06 May 2014
if a salaried employee earnings through salary only no other income is available. my question is , is it compulsary or mondatory to deduct proportionate incometax to be deducted from the salary of each and every month . the employee is requesting his employer to deduct his total reviwed incometax in the month of february or in march salary and stop deductinng proportionate tax from the salaries month to month .the employee salary is 12000/- net per month .after his savings he has to pay IT about 7000/-.
please reply sir .
thanking you
please reply sir .
thanking you
Nikhil Kaushik
(Expert)
06 May 2014
at each payment, you need to deduct TDS. as simple as this.
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