Responsible for Deducting & Filing Income Tax for Employees

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1238 Points Posted on 05 April 2021

Dear Friends,
Who is responsible for Computing, Deducting & Filing of Form 24Q ?...

HR or Finance ?....

If HR is responsible and makes any mistakes it will affect Finance?....

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On 05 April 2021 at 20:57 Report
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This discussion clarifies who is responsible for computing, deducting, and filing Form 24Q for employee income tax. The consensus is that the individual registered under TDS is accountable. Typically, this falls to the Finance department, and any errors made can indeed impact the Finance team.

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Chartered Accountant
24588 Points Posted on 05 April 2021
The person who is registered under TDS will be responsible for computing, and deducting tax of form 24Q.

Finance person will be responsible.
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On 05 April 2021 at 21:53
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1238 Points Posted on 05 April 2021
Thanks Sourav Bhai
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On 05 April 2021 at 22:02

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