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.
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TDS on Salary
Replies (3)
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
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