Tds

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 November 2014 Please let me know whether employer is liable to deduct TDS if he is paying Salary of Rs. 22500 p.m, & deductions available u/s 80c is 115000., further employee has other incomes also due to it his GTi becomes 487480.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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04 November 2014 Employee should report his other income to employer and employer should deduct TDS after considering the other income and investment declaration.

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