regarding tds

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Gokul (Querist)
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15 July 2008 Dear sir,

this is Gokul CA inter.,

i would like to ask one question regarding tds

Employer failed to deduct the tax for a employee but employee has paid such tax in self assessment.

so there is no revenue loss to the Govt. then why the Govt gives a notice regarding "Employer failed to deduct the tax" to the employer.

is it necessary?

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
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15 July 2008 Yes, it is necessary on the part of employer to comply with section 192 meant for tax deduction at source from salaries.

Gokul

Gokul (Querist)
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15 July 2008 Thank you sir,

i derived from your answer however there is no any loss to anybody, everyone should have to comply with the act.

am i correct?

thank you sir.

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