I have a query that at the end of financial year we are deducting tds of all employee, if some employees are new joining and they are not providing their form 16 or form 12b of previous employer. Kindly advise me procedure or rate of tds on which i deducting tds.
07 April 2012
Either declaration of TDS deduction in 10-11 months& balance with same for remaining month or pro rata based calculation with salary for year & deduction for the payment is way out.
CAclubindia
