02 September 2015
A company is paying rent amounting Rs.60000 on the behalf of employee which is taken on rent by employee herself, should the company deduct the tax or not?
02 September 2015
Sir, individual is not liable to deduct tax unless his/ her accounts audited u/s sec 44AB and here company is paying rent on her behalf and deduct the same from her salary. ultimately, individual is paying rent. so, why company will deduct tax?
CAclubindia
