25 March 2012
Hi, I am TamilNadu Government Employee. I need to deduct tax for the employees under me. Now we are facing some difficulties in the tax deduction. 1.)There are few employees including myself who havnt deducted the tax from the salary every month. We have decided to pay using the last months salary(ie Feb ).But the tax amount has exceeded the salary amount 2.)So two of subordinates have paid the tax to their PAN number and obtained the challan for their tax payment. 3.)Now the income tax for the PAN matches with the salary but it doesnt match with the TAN number because my subordinates have directly paid the taxes to their PAN and the income tax officials have started to question me as why the tax is not deducted from them under the TAN ?
Now the question is
How to handle such scenario for the current year ?
How are we suppose to handle these situations in advance ?
How to include the payment made under individuals PAN to the TAN ?
Because the income tax officials are telling me that I should have deducted the Tax in advance from their salary under the TAN but now we dont have any funds to collect under TAN so how to handle this scenario ?
26 March 2012
It is your liability to deduct ITDS from salary every month. In case not deducted then in the month of Feb or March you have to deduct and pay it immediately. Suppose the salary for the month of March is less than the TDS then do one thing that you deposit full amount of tax and debit the employee and recover from him in the month of April, May or so on This will solve the problem with the IT Department and your internal problem can be sorted out by deducting monthly the arrears and current tax at a reasonable rate