13 March 2010
Generly one month form end of year, if employee left company issue TDS certificate when TDS return submited. its a moral reposbility to pay respect of Ex Employee. its a guideline to next Employee when you will left your company in future.
13 March 2010
Section 192,203 and rule 31 does not cover the referred situation. So ,as per my understanding, the certificate can be issued with in one month from the end of the financial year concerned.
13 June 2012
Rs. 100/- per day during which the failure continues subject to a maximum of the tax deducted at source. Please refer section 272A (2)(g) of the IT Act,1961.
Thanks for your comments.In this connection,can you tell me the relevant section of the IT Act, in which time limit for issue of TDS Certificate by the employer to his employees has been prescribed?
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