03 February 2014
Tax has to be deposited every month otherwise interest would be charged. The TDS return is also required to be filed quarterly. Othersise penalty will be imposed.
06 February 2014
if i paid 25000 rs/monthe as salary to particulr emplyoee.and i did't deposit any tax or tds anomunt . what is final payment amt. of tax in feb 2014.
06 February 2014
You have to compute taxable salary by deducting exempt part i.e. conveyance allowance, medical reimbursement, HRA etc. Thereafter deduct any amount eligible u/s 80C, 80D etc. Then Compute tax on the net taxable income and deposit TDS (11/12 portion in Feb.)
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