TDS Deducted by Employer based on investment declaration from employee
This query is : Open
30 June 2017
TDS Deducted by Employer based on investment declaration from employee in the beginning of the year but in the middle of the year employee left the job and he has not provided any investment proof.
in this case is there any penalty on employer for deducting tax based on investment declaration given by employee?
In any way employer will be responsible for short deducted or excess deducted of tax based on investment declaration given by employee.
30 June 2017
In this case there is no penalty on employer for deducting tax based on investment declaration given by employee. In any way employer will not be responsible for short deducted or excess deducted of tax based on investment declaration given by employee.
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