Tds

This query is : Resolved

Mr.Patel (Querist)
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27 June 2014 IF Mr.a Work In A LTD. And In B LTD..

He Earn 15000 P.M Form A LTD. And From B Ltd.10000 P.m.....

Now He Gives Detail Of his salary of B Ltd.
to A Ltd. employer In Form 12B As Per Act.

Now his Salary exceed 200000 basic limit when we comebain both salary...

now whether employer of A Ltd, is responsible to deduct tax on 25000 ??????

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 June 2014 yes...A is liable to deduct TDS in this case...

Rupesh Jain

Rupesh Jain (Expert)
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27 June 2014 yes if employer know the other income then he is liable to deduct the TDS.

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Mr.Patel

Mr.Patel (Querist)
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27 June 2014 A Means A Ltd .....
A Ltd Employer Is Responsible To Deduct The Tax?????
What Is Amt. Of TDS

Please Reply.........

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 June 2014 please calculate the TDS amount on your own..I am sure thats not a query for which you need expert help...

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Mr.Patel

Mr.Patel (Querist)
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05 July 2014 now A Ltd. Employer Has To consider 10000p.m
salary which is paid by B Ltd. employer....

Now total salary is = 25000*12 =300000
Tds Amt deducted By A Ltd Employer Is =10000
Amt. Of Tds P.m= 10000/12 =833.33

now A Ltd. employer is responsible to deduct
833.33 p.m From salary of mr.a

my calculation is true or not ????