Tds on salary

sir,

please let me know the below confusion.

 Is salary for the month of march 2013  is added  on 2012-13 TDS calculation,if actual salary  payment   of march 2013 is paid on april 13 month ?

 

i shall be very grateful to you.

thankyou in advance.

Replies (5)

Helloo...friend

 

TDS is deducted on the basis of amount credited or paid , which ever is earlier.

If salary is credited  on 31st march then it should be included in the same year .

 

thanks

 

Salary for the month of March-13 received in April-13 will be taxable in the year 2012-13.

yes it will be added and taxable in 2012-13

TDS is always deducted on the basis of amount credited or paid , which ever is earlier. 

If salary is credited on 31st march 2013 then it should be treated as liability of F.Y. 2012-13. and will be paid to Govt. by April'2013.

Dilip Gupta

due r recieved which ever is earlier is taxable even if u got advance tax for next year it is also taxable in current year

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details