Tds deducted on salary inclusive other income

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Querist : Anonymous

Querist : Anonymous (Querist)

11 July 2016 Dear All, we are paying taxable salary to one of our employee pls guide me should i ask employee to furnish the other income details along with the investment or not, Thanks & Regard Atul Khonana

Kaushik Joshi

Kaushik Joshi (Expert)

11 July 2016 Dear Mr Atul, Yes you are required to collect details from your employee relating to his total income. however ask him to give a signed declaration stating his other income details as well. this is to keep you on the safer side.

Querist : Anonymous

Querist : Anonymous (Querist)

11 July 2016 sir, should i take written declaration in plane paper or is there any specific form for the same

Kaushik Joshi

Kaushik Joshi (Expert)

13 July 2016 Dear Anonymous, no such specific form is given. you can create any draft. try searching draft on Google for company investment declaration.

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