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Michelle (Service)     17 February 2017

tds on salary

if a company considers salary from March 16 till feb 17
as Financial year.... Tds on salary is not yet deducted... should the entire TDS be deducted from Feb salaries? or can it be deducted in 2 installments from Feb and March salary?


 3 Replies

Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     17 February 2017

Its to be deducted on monthly basis, if exceeded basic exemption limit.

K.chandrasekaran

K.chandrasekaran (Partner)     19 February 2017

instalments for TDS deuctions due and payable  and paymet to govt in insatllments is  not correct.

K.chandrasekaran

K.chandrasekaran (Partner)     19 February 2017

instalments for TDS deuctions due and payable  and paymet to govt in insatllments is  not correct.


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