We are going to remit Performance incentive for our employees for March’10 in this month. While deducting TDS at the time of payment, should I consider the slab rates of 2009-10 or 2010-11? Kindly advice and it would be great if you could provide the provisions relating to this.
Regards,
Sahir Basha
DEAR SAHIR
YOU SHOULD CONSIDER SLAB RATES OF F.Y. 2010-2011 BECAUSE YOU ARE DEDUCTION THE TDS IN CURRENT F.Y.
Malhotra Rajesh & Associates
New Delhi
B.Com
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Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
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KK & Company Chartered Accountant
Pune
CA Inter
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CCI
Pro
CAclubindia
