Salary Advance

238 views
User Avatar

108 Points Posted on 01 September 2020
If Advance salary Paid to my Employee so should I deduct TDS and Professional tax on Advance salary ?

Best Regards

Anoop Jain
91110-65332
0 Reply Share Follow
On 01 September 2020 at 14:14 Report
Replies (4)
Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) and Professional Tax must be deducted on advance salary payments to employees. While salary is exempt from GST, TDS should be deducted if the employee's total estimated income is taxable under income tax laws, as per Section 192.

User Avatar

GST Practitioner & Accounts
15146 Points Posted on 01 September 2020

What  is his  total  estimated  salary  per  year  ?.  

Reply
On 01 September 2020 at 14:26
User Avatar

30 Points Posted on 01 September 2020
Salary is exempt form GST. check schedule 3
but deduct the TDS if income is taxable in income tax
Reply
On 01 September 2020 at 14:32
User Avatar

108 Points Posted on 01 September 2020
Sir Estimated salary per year of Rs. 475000/- and Advance salary Paid 85000/-
Reply
On 01 September 2020 at 14:34
User Avatar

T
405 Points Posted on 01 September 2020
Refer section 192 of tds
Reply
On 01 September 2020 at 19:33

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Updating form 10-ee and Schedule FA if there is ch
  2. Sale of property in SLUM area ....SRA
  3. GST applicability on Shipping charges
  4. Outstanding Demand in Income Tax: How To Respond?
  5. LTCG on property sale
  6. Capital gains incidence due to bonus shares
  7. Amendment of Object Clause of Memorandum
  8. How Can I Request a Refund for an Accidental Airte
  9. TDS on salary paid in cash
  10. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU

More recent discussions | Post

Related Topics :

Loading