04 February 2011
Where an employer bears the tax liability, the employee's taxable income is determined by grossing it up with the tax paid by the employer.
In such case what steps to be taken while filing the TDS returns for Salary. Secondly all the previous quarters i.e June Sept and Dec were filed without grossing up indicator and in the month of Jan management decides to gross up the salary and bear the tax liability in such case how to comput the salary tax and gross up calculations
06 February 2011
I donnot think any change in process , if the employer paying the tax. In this case amount of tax will not be deducted from salary , and employer will pay the tax.
CAclubindia
