24 August 2011
In a public limited co.,a person is paid salary,bonus as well as rent for property which she has lent to the company.But the annual rental does not the limit and hence tds on rent is not applicable.But inorder to deduct tax at source from salary income,should rent income also be included in the amount of gross salary???how should tds be calculated on her income???
24 August 2011
If the employee furnishes you details of her other income, then you have the liability to deduct TDS on Salary after considering the said income.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
25 August 2011
but the same should be included under which section???