I am a salaried employee. My employer usually deducts TDS from the month of May every year. This has been the practice for many years. However, from this year, I have received a communication from my Finance Controller that TDS on Salary must be deducted every month and if not the company will have to pay fine to Income Tax department.
The reason for asking full salary in April every year is more to enable the employee see the salary in toto without any deductions.
Kindly clarify if it is so? Or can the employer deduct the 12 month TDS in 11 months?
CAclubindia
