dedution of tds

This query is : Resolved 

05 February 2010 Mr. A who is prop. of the firm having turnover of Rs, 3950000/- which is not covered under section 44AB and paying salary of Rs.220000/- P.A. to his one man staff, weither he is liable to deduct TDS or not. there is no rebate under chapter VI-A to the employee.

05 February 2010 Yes, sec.192 is applicable to all employers. There is no turnover criteria.

05 February 2010 sec.192 is applicable


05 February 2010 salary under employement is regarding sec. 192 and when your employee salary cross the no tax limit then you have to deduct tds on their salary.

05 February 2010 yes. sec.192 applicable



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