TDS on Salary
What amount to be considered for TDS purpose u/s 192 in this situation?
Whether X Ltd. liable to deduct TDS on Salary payable for the month of March2010?(If actual salary will be paid on 10.04.2010)
whether claim of X Ltd is correct?
deduction at source, at the time of actual payment of salary to the
employee. Unlike the provisions of TDS, pertaining to payments
other than salary where the obligation to deduct tax arises at the
time of credit or payment, which ever is earlier, the responsibility to
deduct tax from salaries arises only at the time of payment. Thus,
when advance salary and arrears of salary have been paid, the
employer has to take the same into account while computing the