Tax deduction

This query is : Open

SHAILA S RAO (Querist)
Follow

16 March 2017 1. Reg. Income on Salaries.
- Can an employee request the employer through an application not to deduct his/her taxes vide a declaration that he/she will take care of his TDS and other liabilities with regard to Income Tax and employer is not responsible for the same?

2. Payment of Taxes on Salaries.
- One of the company, employees are receiving salaries with 60 - 90 days delay. Eventually, employees are receiving around 8-9 months salary only during the financial year. In this case, is employee is liable to pay for the salary which he/she has received in his / her bank account or for the full earned salary of 12 months ...even though the payment is not credited to an employee's account? I am assuming to pay taxes only on the salary which got credited to an employee's bank account. Request clarification on this please.

3. Employer deducted income tax from salary but not deposited to Income Tax Department..... so not issuing Form 16.....
When the employer is a defaulter, what do employee's course of action to file Annual Return?

vaibhav singhi

vaibhav singhi (Expert)
Follow

16 March 2017 1. He cannot give any declaration but he need to obtain certificate from Assesing officer under section Wii for lower or no red deduction

vaibhav singhi

vaibhav singhi (Expert)
Follow

16 March 2017 salary is taxable on earliest of receipt of the basis. hence even if salary received next year it is taxable in current year

Upgrade to CAclubindia Pro. Subscribe Now!

SHAILA S RAO

SHAILA S RAO (Querist)
Follow

17 March 2017 Thanks Mr. Vaibhav. Will you kindly let me know the procedure to get a Certificate from the Assessing Officer. This is because, just a month ago I have joined one company which is having a 100 Cr. turnover and I am surprised to see the unpaid tax on salary which has been deducted from the employees from the f.y. 2013-14 to till date and is unpaid ... in view of which none of the employees have filed their returns. (Also surprised how Income Tax Department is working on these type of issues)... So, in the coming financial year I am preparing for myself.... so that I want to produce the certificate to the employer and get rid of these issues by paying advance tax on my salary.... so a request to help. Thanks in advance.