TDS ON SALARY
This query is : Resolved
13 February 2021
1. Is rebate u/s 87A to be considered if the total income of the employee is below Rs. 5 lakhs after considering all deductions under chapter VIA but before rebate for the purpose of deducting TDS u/s 92?
2. If rebate under the above said section is considered, will the employer have to ensure that the employee files return or whether the filing responsibility is of the employee?
2. If rebate under the above said section is considered, will the employer have to ensure that the employee files return or whether the filing responsibility is of the employee?
14 February 2021
1 yes, rebate has to be considered.
2 Filing responsibility is of the employee employer need not ensure.
2 Filing responsibility is of the employee employer need not ensure.
15 February 2021
Thank you Sir. Will it be a violation in case TDS has been deducted without considering Relief u/s 87A.
15 February 2021
Yes, relief has to be considered for TDS.
15 February 2021
Okay Sir. Thank you. But is any action liable on the employer like penalty, interest etc in case the same has not been considered.
15 February 2021
No action in such a case.
17 February 2021
Thank you sir. The timely information provided is appreciated.
17 February 2021
You are welcome............
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