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Tds

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03 March 2017 Hi ,We have employee who joined in November 2016,with salary of 50000.we deducted 200 as pt.his salary 49800*4=199200.He is under 250000 so no need to deduct TDS or need to deduct TDS.he didn't submit any prior salary details. Please help me out

03 March 2017 If he didn't submit the prior salary details then its the responsibility of the deductor to collect the required information from him. So u may better ask him to submit his salary details so that u can manage the deduction of tax.

03 March 2017 Just to add:
In case employee still not provides the information in required time, we can assume the salary is for the whole year and accordingly determine the TDS amount. So in instant case ZERO TDS subject to the details if not received in time.




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