TDS calculation on notice pay recovery
This query is : Resolved
Quick Summary
Chahat Khanna
(Querist)
12 December 2024
Resolved and deleted.
Dhirajlal Rambhia
(Expert)
12 December 2024
Employer has to deduct five months salary.
Chahat Khanna
(Querist)
12 December 2024
Resolved and deleted.
Dhirajlal Rambhia
(Expert)
12 December 2024
As per the directions from ITD, the notice period penalty is not deductible under salary account.
So, TDS has to be deducted for the total salary amount.
So, TDS has to be deducted for the total salary amount.
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