If March salary is credited in april 05, if we take time of payment it will goes to Q1 FY 19-20
Is that right?
What will we do the tax deduction on the March salary.?
Menu
Salary tds
Replies (2)
Hi,
Ideally TDS on salary should be on the basis of payment only. But in general, Most of the organisation deduct TDS on 31st march only and paid in Q4. So it is advisable to file in March only.
It is depend upon the practice you follow.
Thank you so much sir.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
