Tds on salary
This query is : Resolved
19 June 2012
in our co.tds from salary is not deducted monthly but deducted hole amt of tds at last month i.e.in march is it late deduction of tds and is interest have to be charged on it
19 June 2012
Section 192 provides that TDS on salary shall be deducted at the time of payment of salary.
Since salary is paid on a monthly basis, TDS is required to be deducted on a monthly basis.
Since TDS has not been deducted on a monthly basis, it amounts to late deduction and interest liability arises.
Since salary is paid on a monthly basis, TDS is required to be deducted on a monthly basis.
Since TDS has not been deducted on a monthly basis, it amounts to late deduction and interest liability arises.
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
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
