Employee furnishes all his other income and deduction details to employer , (2019-20)
Salary Income - 480000
Other Income - 20000
Deductions(LIC) - (100000)
Net total income - 400000
Tax Liability/TDS -. Nil due to rebate u/s 87A
My question is that in such case whether employer required to furnish TDS Return in 24Q or not ? if he has not filed TDS return and employee files his ITR within due date then will it be OK? or employer have to face any negative consequences ?
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TDS Return Requirement Salary
Replies (3)
No problem to employer if he does not file the TDS return.
It's ok, if Employer does not file TDS return, as there is no TDS liability.
Thanks for Replying Sir
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