TDS has been deducted on by Infyosis Ltd when employee was transfered from it to Infyosois BPO ltd @ 20.85%. Is this correct. if yes where should I show it in ITR. what are the provisions related to it
06 July 2017
sir, amount has not been paid to the assesse. only fund has ben ben transfered. in 26AS it shows like as under: name of deductor amt paid/credited total tds deposited infosys limited employees superannuation fund trust 294959.00 61528.00
06 July 2017
Please check with your company...... If an employee leaves the organization before attaining superannuation/Retirement, then he may withdraw the complete money in the lump sum, which is completely taxable and will be added to his total Income in the year of superannuation withdrawal and to is taxed accordingly.