Tds on salary.
This query is : Resolved
19 March 2014
Whether it is necessary to deduct TDS from Salary for the each month of respective previous year? can we deduct TDS at the end of Year after considering salary and other income(as reported by employee.)
Kindly give me the reference
Kindly give me the reference
19 March 2014
As per Section 192, TDS on salary is required to be deducted at the time of payment.
So TDS is required to be deducted on a monthly basis.
So TDS is required to be deducted on a monthly basis.
17 April 2014
But with the help of amendment in Finance bill 2012, can employer take deceleration from employee, that employee will discharge all tax liability. in substitution for TDS deduction.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Rent lease agreement
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- CCFS 2026 Schemed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
