Hi,
In my firm there are 200 employees.
My query is that,
1. Can I pay the full amount in a single challan.
2. Is there any limit for that?
3. If so what is the limit?
Regards,
6 Replies
Manish
(Accountant)
(251 Points)
Replied 15 June 2012
No. There is no limit to deposit TDS by a single challan. You can deducted tds from 200 or more employees and deposited the same by a single challan.
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 15 June 2012
Agreed with Manish.
No limit as such for payment of TDS on salary in a single challan.
manjul mishra
(CA Student)
(37 Points)
Replied 15 June 2012
agr tds time se deducte nhi karte aur deposite nhi karte to fir jo interest au penalties he vo attaract nhi hogi kya?
manjul mishra
(CA Student)
(37 Points)
Replied 15 June 2012
agr tds time se deducte nhi karte aur deposite nhi karte to fir jo interest au penalties he vo attaract nhi hogi kya?
Manish
(Accountant)
(251 Points)
Replied 15 June 2012
Yes. Interest will be applicable.
If TDS not deducted, Interest will be 1% per month or part of the month.
If TDS deducted but not deposited in time, Interest will be 1.5% per month or part of the month.
manjul mishra
(CA Student)
(37 Points)
Replied 15 June 2012
normally companies last month ki salary me se hi pure saal ka tds cut karti he to company pe bhi to tds deduction aur deposite ka default banta he ?
fir bhi company esa kyu karti he ?
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