TDS deduction from salary
This query is : Resolved
praful charate
(Querist)
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
(Expert)
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.
What you need to do deduct the entire tax payable over the period.
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
(Expert)
04 May 2011
Mr. Warrier is right. Calcualte the anuual liability, divide by 12 and accordingly deduct tax every month.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- GSTR-9C filing
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- Royalty payments to the Mining Department for procurement of murum - GST input
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
