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.
A R JADHAV AND ASSOCIATES
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