Tds on donation to employee
This query is : Open
01 June 2015
There are two employees working with us who are from Nepal. Company's employees contributed PL/cash for them and company is making the cheque in favor of those two employees for Rs 1 Lacs each and recover the same amount from employees's salary / PL. Will TDS applicable on this donation?
Please advise.
Please advise.
02 June 2015
In substance it is a donation made by employees. While deducting TDS 192 employer won't consider donations made by the employee.
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