TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 March 2010
Whether tax has to be deducted at source in case arrear salary due to a deceased percon is paid to his son.
22 March 2010
i think yes
22 March 2010
Since there is no employer/employee relationship as far as the referred payment is concerned, there is no need to deduct tax.
22 March 2010
As Mr.chackrapani is saying there is no emlployer/employee relation..so its TDS deduction is not compulsory but as per the RBI guidelines (a few days before in TOI this case came) in case the bank is making the payment of even the pension to the person himself or his relative Bank is required to deduct tax at source unless until there is a certificate from the person showing the calculation of income with in the untaxable limit.It says the Banks should charge TDS to be on the safer side and to fulfill the guidelines requirements.So as per me Bank can deduct TDS.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Applicable TDS for Purchase of Flat from NRI
- ITR validation error - Balance sheet is not filled
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Bank Accounts in Balance Sheet for ITR 3
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Form 10BD Filling
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
