Tds to be deducted or not


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 December 2016 wheteher TDS to be deducted or not.

Advance salary Given-
Advance against salary-
In both case whether TDS to be deducted or not. please explain in detail.

15 December 2016 Yup TDS must b deducted on salary of the employee which falls under the taxable bracket.

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Expert : Anonymous

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Expert : Anonymous (Expert)
15 December 2016 Dear Anonymous, Advance Salary is prone to TDS. However Advance against salary is an advance given against the salary due to be payable. It is not subject to TDS.

15 December 2016 Advance against salary is paid is advance not expenses treated under loans and advances, so no need to deduct TDS on Salary Advance.

16 December 2016 U must have to deduct TDS on advance salary too, coz the employer will adjust the advance at the time of payment of salary to the employees. So, I'll suggest to deduct TDS on the whole amount for that respective month.

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Expert : Anonymous

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Expert : Anonymous (Expert)
16 December 2016 TDS is applicable only on advance salary and not on advance against salary. Both terms are different having different meanings


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