TDS ON SALARY
This query is : Resolved
07 June 2010
Sir,
As a company deducted Tax from employee from his taxable salary but employee has already paid some amount of tax in his personal name in self assessment challan but as a company we have deducted less tds which he has already paid via self assessment challan now at the time of issuance of his form16 Tax payable arrive in tax computation and we are unable to consider his self assessment challan in companies TDS return and form 16 hence you requested kindly provide solution of above query at the earliest.
Akbar saudagar
As a company deducted Tax from employee from his taxable salary but employee has already paid some amount of tax in his personal name in self assessment challan but as a company we have deducted less tds which he has already paid via self assessment challan now at the time of issuance of his form16 Tax payable arrive in tax computation and we are unable to consider his self assessment challan in companies TDS return and form 16 hence you requested kindly provide solution of above query at the earliest.
Akbar saudagar
CA SANJAY MUKHERJEE
(Expert)
07 June 2010
Hi Akbar,
Just show the diffrence as Tax payable in the Form 16, as u said the difference is already paid by the employee within the FY.So there will be no problem on your part- I guess. However ask your employee not to pay any tax on salary income as u r there to deduct that at source.
Cheers
Just show the diffrence as Tax payable in the Form 16, as u said the difference is already paid by the employee within the FY.So there will be no problem on your part- I guess. However ask your employee not to pay any tax on salary income as u r there to deduct that at source.
Cheers
Message likes :
1 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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- ETDS return q4 25-26
- Royalty payments to the Mining Department for procurement of murum - GST input
- Capital gains in IT returns
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
