TDS on salary of single employee..

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Become CA
76 Points Posted on 27 May 2021
I appoint an employee on 1/4 whose salary is Rs 30000 per month then how much TDS should I deduct monthly please suggest???

and what are consequences if I forget to deduct TDS???

please guide me as soon as possible..
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On 27 May 2021 at 19:31 Report
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Quick Summary
This discussion clarifies the rules around Tax Deducted at Source (TDS) for an employee earning £30,000 per month. It's confirmed that no TDS deduction is required in this scenario as the annual income falls below the taxable threshold. The thread also briefly touches upon the potential consequences of failing to deduct TDS when it is applicable.

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Learner
2398 Points Posted on 27 May 2021
What is that 1/4. is he a part time employee??
are you paying 30k per month.??

no need to deduct TDS if you pay 30k per month.
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On 27 May 2021 at 19:39
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tax consultant
3306 Points Posted on 27 May 2021

1/4 means 1st april

you need not deduct any tds from his salary.

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On 27 May 2021 at 19:51
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Become CA
76 Points Posted on 27 May 2021
1/4 mean from 1st april
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On 27 May 2021 at 19:56
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Learner
2398 Points Posted on 27 May 2021
Not required to deduct TDS.
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On 27 May 2021 at 21:12
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CMA
13117 Points Posted on 28 May 2021

Since there would be no liability to pay tax, no need to deduct tax at source

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On 28 May 2021 at 14:14

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