Sir,
Can anyone answer me whether the employer can deduct TDS relating to period 2010-11 from the salaries payable to employees during FY 2012-13 stating that there was wrong in valuation of perquisites under Rule 3 of Income Tax Rules, when the FORM 16 is already issued and assessment of individual employees along with assessment of company for the said FY 2010-11 is already over ?
Please answer this urgently as my employer has treated this differently.
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