Poonawalla fincorp
Poonawalla fincorp

Tds on salary payment

This query is : Resolved 

05 November 2018 WE HAVE PAID SEPT.18 SALARY ON 25 OCT.18.BUT SALARY TDS IS CREDITED
IN TO BOOKS OF ACCOUNT ON 30 SEPT.18. BUT ACTUALLY SALARY DISBURSEMENT ON 25 OCT.18. TDS ON SALARY PAID ON 26.10.18.

MY QUESTION - IS IT INTEREST PAYABLE ON TDS ON SALARY FOR TWO MONTH

REGARDS

RAJKUMAR GUTTI


05 November 2018 Tds deduction liability arise when salary is actual paid so there will not be any interest Liability
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.

05 November 2018 Tds deduction liability arise when salary is actual paid so there will not be any interest Liability
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.




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