Tds

This query is : Open

Rupesh (Querist)
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07 June 2014 An employee getting salary Rs. 180000/-p.a. and Interest Rs. 280000/-p.a. from a prop. firm.
firm is deducting TDS on Interest paid to employee but no tds on salary.

My question is whether TDS would be deducted on Salary as his Total income is 460000/-

Pls reply

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 June 2014 yes. the company should deduct tds on the basis information available regarding the total income

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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07 June 2014 yes as information is available then deduct tds.

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Rupesh

Rupesh (Querist)
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22 August 2016 Thanks...
I would also wants to know what will be the consequences if an assessee received a defective return notice and wants to not respond that notice.
If not responding that defective return notice, what will be the consequences. Kindly reply