Dear Sir/Madam,
In my office 2 sales earnings 4.5 lakhs for F.Y.2018-19.
My queries are
1) while deducting TDs, we should consider standard deduction even if they don't give investment proof.
2)If they give investment proof even then we consider standard deduction while calculating TDs liability
3) Can we deduction if we give partner remuneration to two partner monthly 60000/- each partner
please help me in this regard
Menu
tds on salary
Replies (2)
1. For salaried employee YES
2. For salaried employee YES
3. Check sec. 40(B) of IT act.
Thanks for your prompt response.
Recent Topics :
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
- Last Date To Fill ITR For Non-Audit Case
- Guidance Required on Filing Fresh Registration und
- IT Return Refund Status AY 2026-27
- Clarification Regarding Income Tax Demand Notice
- Online PAN Download: Check How?
Related Topics :
CAclubindia
