Tds on bonus payment
This query is : Resolved
06 April 2012
Hi All,
Please advise how TDS amount should be deducted on Bonus Payment i mean, in the month of payment full tds at the rate which is applicable to employee or the tds liability should be distributed over a remaining months.
Regards,
Ramesh
Please advise how TDS amount should be deducted on Bonus Payment i mean, in the month of payment full tds at the rate which is applicable to employee or the tds liability should be distributed over a remaining months.
Regards,
Ramesh
06 April 2012
when know that TDS should be deducted from salary on the time of actual payment
so when bonus is paid full Tds deducted from it ok
so when bonus is paid full Tds deducted from it ok
06 April 2012
if salary amount is taxable so when you paid bonus to employee, tds should be deducted from bonus as per slab but if employee salary & bonus combinedly not under taxable income then no need to deduct tds
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Not able to file ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Rental income of jointly held property
- Regarding ITR filing with more value than showing in AIS/TIS
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
