02 April 2013
Under Income tax act, the Employer is responsible to deduct TDS on salary of the employees etc. otherwise he is liable. The tax is to be evened out during the year and you cannot deduct TDS at the end of the year. In the beginning itself, one has to assess the Income tax of the employee after getting other details such as savings, eligible deductions etc., and accordingly you have to proportion out TDS every month.
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