TDS ON SALARY



when we deduct tds on salary, then it is calculated on aproximate values. If at the end of F.Y there is is a short fall in tds then is it mandatory to deduct the due TDS or it should be left for the employee to pay the bal amount while filing the ITR??plz guide...
 
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"Do the Right Thing...!!!"

No....

It will be deductible completely as per computation of form 16. The calculations and the TDS will match...

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What if excess tds is deducted as some deductions are declared by employee in march..
 
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"Do the Right Thing...!!!"

No more issues...

If excess tds deducted then it will claim as refund through filing of ITR.

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Ok Sir ! Thank U so Much

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"Do the Right Thing...!!!"

You are most welcome...
 
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TDS deductible by the employer and is shown in return filed
if shortfall then payable

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