Tds on salary

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Manali Shah

Manali Shah (Querist)
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30 August 2017 Is properitor is liable to deduct tds on salary for his employees?

ABHISHEK GARG

ABHISHEK GARG (Expert)
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30 August 2017 Yes, if Proprietor is paying his employees salary which is liable to tax.

vaibhav singhi

vaibhav singhi (Expert)
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31 August 2017 Yes he is liable, if the salary of employee is taxable, he must obtain TAN number as well

Manali Shah

Manali Shah (Querist)
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01 September 2017 Is there any Turnover criteria , only after crossing that limit proprietors is liable to deduct TDS?

ABHISHEK GARG

ABHISHEK GARG (Expert)
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01 September 2017 NO Turnover Criteria
TAN No. must be obtained & TDS is to be deducted if you are liable to deduct TDS as per the provisions of IT Act
Say, if you are paying your employee a salary of 500000 (Assuming his net taxable income is also 5 lacs), then TDS must be deducted.

Manali Shah

Manali Shah (Querist)
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08 September 2017 Alright
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