17 February 2012
Dear sir a proprietorship co. paid salary @ 19000/- per month to his employee. Company has no Tax Deduction account no. in this case is any liability of tax on company or employee.
17 February 2012
since annual income is 2.28 lakh, TDS is requied to be deducted at source or alternatively saving detail (u/s 80-C) for 48000/-(Rs 2.28lakh -1.80 Lakh) may be required from employees