Tds on salary & family pension (from same employer)
This query is : Resolved
28 January 2014
TDS on Salary is deductible U/s 192.
No liability of TDS on family pension, as it is taxable under head 'Income From Other Sources'.
In my case, Salary as well as Family Pension is being paid by same employer.
I want to know,
Whether the employer is LIABLE to take the total income of the payee as 'Salary + Family Pension' and deduct TDS accordingly ?
OR
The employer may deduct TDS on Salary and leave the family pension for the purpose of calculation of TDS ?
No liability of TDS on family pension, as it is taxable under head 'Income From Other Sources'.
In my case, Salary as well as Family Pension is being paid by same employer.
I want to know,
Whether the employer is LIABLE to take the total income of the payee as 'Salary + Family Pension' and deduct TDS accordingly ?
OR
The employer may deduct TDS on Salary and leave the family pension for the purpose of calculation of TDS ?
29 January 2014
TDS is to be deducted on the salary portion only and not on family pension
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Booth for sales promotion
- Capital Gains on sale of residential flat
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
