Tds deducted or not??
Querist : Anonymous
I have a query regarding the TDS deduction on the income received from the previous employer.
Please understand my query with an example.
An employee worked with previous employer for only 9 months in the current F.Y he was getting 20000 Per month. The total he got Rs 180000/-
In the current employer he is getting a salary of Rs 30000/- and for 3 months he will get 120000/-
So the current employer takes the salary income of previous employer and deduct the TDS or he just calculate the taxation amount on his given amount of salary to his employee.
.
however employer need to disclose salary received from both employers and pay tax if any,
Querist : Anonymous
.
there is no rule to restrict your current employer from deducting tds in this case,in the same way nothing will happen to your employer if he avoid tds
Click here to login now
Similar Resolved Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Regarding TDS Applicability For Director Remuneration
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Multiple trade mark
- Copyright software
- LC charges in relation to Asset purchased should be Capitalised ?
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
