Tds on salary u/s 192

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TDS not deducted on salary paid for the financial year 2016-17. Now the employer wants to deduct the tax on salary paid during the month of March. Please tell me how much interest to be deducted on delayed deduction and collection
Replies (2)

if tax liability is above 10000 then employer has to deduct the TDS from the Salary.

Otherwise u can deposit Self Assessment Tax at the time of filing of return.

 

Thanks & Regards

Piyush Tanwar

CA Finalist and Internal Auditor

Mobile - 9717468521

Employer has to deduct TDS from salary even if tax like liability is less than Rs 10000 for the year


CCI Pro

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