Payment of salary at the year end

Tax planning 569 views 2 replies

Dear Members

Can a concern having handsome profit pay salary for the whole year at the year end i.e. in the month of march? If yes whether all previous TDS return will get reviesed or not?

Thanks in advance

Replies (2)

Well It cannot be definitely paid as Salary 4 sure but it can be paid as incentive / bonus paid as incentive if he is already being paid salary and for that U don't even need to file revised TDS returns.

 

Is the salary being paid for the current year or next year?


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