Tds
This query is : Resolved
08 July 2014
If a company deducted less TDS and the employee paid the diffrence amount of TDS in cheque to the company and the same does not reflect in 26AS ,can the employee benifit from the amount paid by him? Also if he has paid a bond amount to the company for relieving him,what is the effect on income tax him.?
08 July 2014
The amount given by employees to the employer can not b claimed by the employees. If the employer furnish the return for the same then it will reflect in 16A and 26AS, so it can b claimed by the employees.
08 July 2014
if amount of tax payable by employee then employee will deposit the same with online or through cheque with your PAN.
08 July 2014
Employee is not eligible for any benefit under income tax for the bond amount given to company.
In case employee has paid the differential TDS amount to company, then company might have deposited the same to TDS department and effect of same will come to employee's 26AS AFter company files the correction TDS return with department. Company is also under obligation to furnish TDS certificate to employee for all TDS deducted.
In case employee has paid the differential TDS amount to company, then company might have deposited the same to TDS department and effect of same will come to employee's 26AS AFter company files the correction TDS return with department. Company is also under obligation to furnish TDS certificate to employee for all TDS deducted.
08 July 2014
Employee is not eligible for any benefit under income tax for the bond amount given to company.
In case employee has paid the differential TDS amount to company, then company might have deposited the same to TDS department and effect of same will come to employee's 26AS AFter company files the correction TDS return with department. Company is also under obligation to furnish TDS certificate to employee for all TDS deducted.
In case employee has paid the differential TDS amount to company, then company might have deposited the same to TDS department and effect of same will come to employee's 26AS AFter company files the correction TDS return with department. Company is also under obligation to furnish TDS certificate to employee for all TDS deducted.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
