Dear Friends,
How do we treat the below cases;
1. Employee worked only 10 months (Jun to Mar). He told Apr n May no Income so don't consider to deduct TDS, hut given rental receipt for 12 months.
2. Employee worked 10 months in abroad and last 2 months only in worked in India.
3. Employees are not willing to provide other incomes like interest, rental etc.
Menu
TDS on Salary
Replies (3)
Quick Summary
Whether their taxable salary exceeds the basic exemption limit ?
Case 3 : Employee shall provide the incomes of other sources and there employer is liable to consider the other incomes of employees , if provided .
Otherwise not consider .
Salary paid to employee shall be treated as income and deduct TDS if any u/s 192 . (if income > basic exemption limit agter consider Standard Deduction Rs. 50,000 or amount of salary , which ever is lower )
Mr Soundar their Salary nearby taxable income if we add another 2 months Salary
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
