one state government employee hesitant to deduct TDS and says that the income tax amount will be paid personally on. his PÀN no.
Is it correct?
If not please appraise me about compulsory TDS deduction rule.
THANK YOU SIR
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TDS DEDUCTION
Replies (3)
if transaction is under tds regime then he must deduct tds on applicable rate & deposit to govt. treasury
If it is salary, then the employer has the full right to deduct TDS before paying. If the employee does not want to deduct TDS then he should submit form 12B to the deductor.
it's not the discretion of the employee but the obligation of the employer to deduct TDS based on the form 12B submitted by the employee, substantiated with requisite details and documents
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