Tds on salary in arrears
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 October 2013
Dear All,
My Client has received salary of Rs.72000/- per Annam since FY 2008-09 which is under basic exemption limit hence no tax was deducted & IT return has not filed.
Now he became permanent employee in fy 2013-14 but with effect from FY 2008-09. so, he will receive full additional payment (arrears) since fy 2008-09 to fy 2012-13 in FY 2013-14 which is near about RS. 11 Lacs. My question is that is TDS on full amount required? if yes how it is calculated? if no why?
thanks in advance.
My Client has received salary of Rs.72000/- per Annam since FY 2008-09 which is under basic exemption limit hence no tax was deducted & IT return has not filed.
Now he became permanent employee in fy 2013-14 but with effect from FY 2008-09. so, he will receive full additional payment (arrears) since fy 2008-09 to fy 2012-13 in FY 2013-14 which is near about RS. 11 Lacs. My question is that is TDS on full amount required? if yes how it is calculated? if no why?
thanks in advance.
CA Mohit Bansal
(Expert)
09 October 2013
Tax relief on salary is to be calculated on year wise, hence pl provide details of salary arrears annually.
09 October 2013
Hi
Company will be deducting TDS on whole amount considering past income & exemption limit.
Thanks//VaibahvJ
Company will be deducting TDS on whole amount considering past income & exemption limit.
Thanks//VaibahvJ
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