Query on tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 April 2013 friends nd sir i have one problem

in one co naming xyz ltd i m gives the consultancy nd receive 9,00,000 rs...apr to dec 2012nd to avoid the service tax registration i m switch in the salary nd m getting there 80,000 per month as salary...jan to march 2013, i have issue that wather m give the detail of salary only or consultancy also for computation of TDS for this? tel me in amount.

19 April 2013 You may or may not provide details. I will advise, not to provide the details and file your income tax return showing the above income (I.e., Both Salary and Professional) and TDS deducted thereon.

19 April 2013 for TDS don't give other details. because on consultancy charges TDS is already been deducted.
on income tax return you can filled both and calculate tax and deposit with return.
I told that because you can claim 80G also and can deposit less tax. in TDS they don't give you credit of 80G. this is the only difference if you provide all detail to employer.




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