03 July 2011
No as the TDS is deducted by the employer on monthly basis. So he need not deposit advance Tax. Advance tax is deposited by other than Salary income persons, companies etc.
03 July 2011
EVERY PERSON IF TAX PAYABLE EXCEEDS 10000 DURING THE YEAR IS REQD TO PAY ADVANCE TAX BUT THIS TAX IS CALCULATED AFTER TDS IN SALAY CASES TAX IS DEDUCTED IN ALL CASES BY EMPLOYER THEREFORE THEY GENERALLY DO NOT PAY ADVANCE TAX
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