Tds on salary
This query is : Resolved
10 May 2014
if in an entity 1000+ workers work.... and salary is given to them 20000 p.m.
then tds on what slab will deduct
on after 200000
or
on after 220000
and it is not possible to realy find out for each worker that whose total income is above or below 500000 including other heads
then what will be the treatment for that???
then tds on what slab will deduct
on after 200000
or
on after 220000
and it is not possible to realy find out for each worker that whose total income is above or below 500000 including other heads
then what will be the treatment for that???
10 May 2014
Hardly, any worker will be above 5 lakh, if salary is Rs. 20,000 pm. Relief of 2.20 lakh slab is available for income below 5 lakh.
Message likes :
1 times
10 May 2014
you can take investment declaration form from employee whose income above rs. 200000/- in a year earned by employee.
then you can take PAN of employee also due to if employee not have pan then you liability to deduct the tds @20%
then you can take PAN of employee also due to if employee not have pan then you liability to deduct the tds @20%
Message likes :
2 times
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
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- 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
- Gst invoice numbering and delivery challan numbering
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
