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Tds

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15 October 2011 dear experts

please guide me

if i pay salary 150000 to a employee & his other income is 200000

is it compulsory for me to deduct tds from his salary + other income
the employee asked me not to deduct tds

thanking you

15 October 2011 IF SALARY INCOME AND OTHER INCOME MORE THAN MINIMUM EXEMPTION SLAB THEN EMPLOYER REQUIRED TO DEDUCT TDS U/S 192 SUBJECT TO THAT EMPLOYEE DISCLOSED TO THE EMPLOYER PARTICULARS ABOUT OTHER INCOME

15 October 2011 If the employee declares the other income also to the employer then need to deduct the TDS including other income. if not declares you deduct only on salary income


16 October 2011 thank experts for guide me

16 October 2011 It is not compulsory to deduct TDS of an employee other than his/her salary. When he filing ITR he should pay tax if payable.



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