Tds on salary
This query is : Resolved
Chandra Kant Parmar
(Querist)
05 February 2018
While calculation expected income on account of pension/salary, it it compulsory for the deductor to take into consideration of all source of income of the deductee? If any deductee do not wish to inform his income from other source (like interest on bank FD etc.) to the deductor, is the deductor held responsible in any way?
Thanks in advance!!
Thanks in advance!!
Udaya Chandran
(Expert)
05 February 2018
It is not necessary unless the deductee provides information of such income and asks to deduct TDS on whole. TDS on salary only applicable for the deductor.
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