Tds on salary


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2013 During the F Y 2012-13, job was changed. PF from former employer was encashed and was credited to savings bank. Previous employer has taken employers share of P F and interest thereon and taken as profits in lieu of salary. TDS has been deducted on this amount.
Is this treatment by former employer correct ?

26 June 2013 In my view, the treatment is correct.
.


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