Tds on salary

This query is : Resolved

Ashutosh Shukla (Querist)
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04 January 2014 Dear Sir
one company is deduction tds only at the end of financial of entire year not deducting monthly they are saying ultimately we are deducting tds there is no rule to deduct tds every month
sir
1) i want to know is there any rule to deduct tds monthly if yes please state the rule .
2) and entire process like when to take declaration etc.

@VaibhavJ

@VaibhavJ (Expert)
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04 January 2014 Hi

Pl refer Not. 8/2013 where it is illustrated that TDS to be deducted on monhly basis.

Initially declaration to be taken in April month it self so as to pass full benefit to employees.

Thanks