TDS Deduction on Employee Salary
I pay salary to some employees under my proprietorship (IT services only business) and get the audit done. But is it required for me to deduct TDS on salary of employees for whom salary is below INR 5,00,000 per financial year?
Looking for your help. Thanks
Thanks for answering. So if their other income is above 5 Lacs including FD interest, etc. then am I liable? In what format I should get this declaration?