TDS deduction from salary

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praful charate (Querist)
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27 April 2011 Is it compulsory to deduct TDS from salary every month. If not deducted what is the penalty and what are the deadlines to pay TDS deducted from the salary.

CA. Shushil Kumar

CA. Shushil Kumar (Expert)
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27 April 2011 No. It is not compulsory to deduct TDS every month on salary.
What you need to do deduct the entire tax payable over the period.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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27 April 2011 Clause 3 of CBDT Circular No. 8/2010 [F.No. 275/192/2009-IT(B)], dated 13-12-2010 SAYS INCOME TAX HAS TO BE DEDUCTED FROM SALARY EVERY MONTH AT THE TIME OF PAYMENT.

Ashok Asthana

Ashok Asthana (Expert)
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04 May 2011 Mr. Warrier is right. Calcualte the anuual liability, divide by 12 and accordingly deduct tax every month.

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