Tds deduction on salaries

This query is : Resolved

Praveenveldhi (Querist)
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13 September 2014
Dear Expert,

A Tax audit covered software company giving salaries up to 3 to 4 lakhs per month.. some employees having taxable salary..

But the company is not deducting any TDS on employees..

Will this become any problem under the income tax act provisions..

CA VISHWAKEERTHI.P.S.

CA VISHWAKEERTHI.P.S. (Expert)
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13 September 2014 YES,

Defaulter under chapter XVII-B and required to pay interest u/s 201(1A) as well as other penal provisions.

Refer - F No. 237/475-A & PAC dt. 23.11.1976