TDS deduction on salary debit note
This query is : Resolved
Quick Summary
jeet aditya
(Querist)
06 May 2021
Can we deduct TDS against salary debit note ?
CMA Poornima Madhava
(Expert)
06 May 2021
What's salary debit note? Why is it raised?
27 November 2021
Under Section 192, TDS is deducted at the time of actual payment of salary and not during the accrual of salary. Tax will also be deducted if your employer pays salary in advance to you or you receive arrears from him. In case your estimated salary is not more than the basic exemption limit, TDS will not be deducted.
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