What happens if I don't deduct TDS...?
Harivarma Vegesna (64 Points)
13 March 2018i have a advertising agency.what happens if I don't deduct TDS on our employees salary.
thanks in advance
Harivarma Vegesna (64 Points)
13 March 2018
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 13 March 2018
WILL BE TRAPED IN PENALTY AND CASES IN NEAR FUTURE , IF CASE OPENS
ADVICE :: DEDUCT TDS ON SALARY
Harivarma Vegesna
(64 Points)
Replied 13 March 2018
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 13 March 2018
TAX ON INCOME ACCURED OR RECEIVED NEEDED TO BE DEDUCTED @ THE TIME OF ACCURAL OR RECEIVED , AND NOT AT THE YEAR END.