Consequenses for short deduction&payment of tds with example
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2013
sairamadithya831@gmail.com
20 August 2013
Generally it happens when a salried person joins in mid of the year and he was also receiving salary from other employees and that salary is not reported to the new employer.
Salary from April to June received from old employer 1,20,000
Salary from August to March, with new employer is say 2,40,000
In both the cases the income is below taxable for woman
But if it is added together then TDS is to be deducted
Non deduction is less deduction and deduction in March on the entire salary is to be deducted and paid is payment of TDS on short deduction
Salary from April to June received from old employer 1,20,000
Salary from August to March, with new employer is say 2,40,000
In both the cases the income is below taxable for woman
But if it is added together then TDS is to be deducted
Non deduction is less deduction and deduction in March on the entire salary is to be deducted and paid is payment of TDS on short deduction
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