Employee TDS

You can deposit TDS of every employees in one payment. Now it depends on your company how they want to arrange the funds for it. More delay, more interest payable.

Originally posted by : Mihir
	You can deposit TDS of every employees in one payment. Now it depends on your company how they want to arrange the funds for it. More delay, more interest payable.

our company will like to do it individually so can u please let me know if that can be done or not

It can be done. Make sure you prepare correct TDS returns because that could get difficult.

IT CAN BE DONE WITH CORRECT PAN NO

AGREE WITH ABOVE

IT CAN BE DONE WITH CORRECT PAN NO

AGREE WITH ABOVE

agreed with valji

As per Section 192B The employer has to deduct TDS (based on declarations given by employees) on salary , and have to remitt to the government account within prescribed time, if not interest has to pay @ 1.5% per month so the employer has to remitt the amount to Central Govt account( If not deducted/paid by the employer the same expenses has disallowed as per relavant sections) So the TDS payment has to deposit by the Employer only If i am wrong please clarify

@ Rekha You can submitt either individually or All together, But the problem will occure at time of preparation of ETDS return, i.e. if paid challans individually you have to enter all challans in 24Q and give details for (Dedutee's details) for all challans. if you pay in single challan it is easy comparitive to the above If i am wrong Plz explain