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Minimum tax to be deducted

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B.Manohar

Executive

21 Points Posted on 13 December 2014

In the case of a government officer, excess Tax has already been deducted from the salaries from April 14 - Nov 14. For the remaining months is there any minimum amount of tax that is to be compulsorily deducted ? The officer is going to file for refund anyway.

Whether tax need not be deducted ? If so in 24Q can "0" be shown in the tax deducted column, because there are 8 others who receive salary in the same unit and there should be problem for others to generate 26AS statement etc.,

Need an immediate reply for processing this month i.e Dec 2014 paybill.

Thanks

Manohar

Replies (1)

Vikas Gupta

Tax Executive

463 Points Posted on 15 December 2014

If TDS has already been deducted against his total income earned & to be earned by the employee during 2014-15, no further TDS needs to be deducted against his next months' salary. While filing form 24Q, TDS details are shown only if the same has been deducted & deposited. Since no further TDS will be deducted against salary of the said employee, entry for such employee will be shown for Oct'14 & Nov'14 only and will not be shown for Dec'14 if his TDS has not been deducted & deposited for Dec'14.