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Tds deducted but not paid to itdept.

This query is : Resolved 

29 December 2012 If a private company deducts taxes from employee salaries but has not deposited it with the government, who will be held liable the employee or the company. Also if company is held liable what will be the penalty. If TDS is being deposited late what will be the penalty.

29 December 2012 Please refer the article at below link:-

https://www.caclubindia.com/articles/10-consequences-of-non-compliance-with-tds-provisions-15423.asp#.UN7Lt1JK31U

29 December 2012 Thank you sir,

What about liabilities of employees?

29 December 2012 Employees are not liable.

29 December 2012 Thanks so much.


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