TDS Deductation
This query is : Resolved
28 July 2009
If employer not deducted TDS on salary of Employees properly and issued form 16 and at the time of filling return, Employee finds that tax liability on salary is more than employer‘s TDS deduction then what remedy have for employee. Is it required to deposit tax by employees for own liability or company liable for this and what is the consequences for this?
28 July 2009
If the TDS is less deducted, then before filing of return, assesee has to deposit the balance amount of tax payable i.e self assessment tax in Challan No. 280 in bank by cash or cheque.
The detail of the same will be filled in respective ITR applicable to assessee.
In case the assessee get the tax deposited within due date, the return can be filed even after 31st July but the same will not be revised at any later stage.
The detail of the same will be filled in respective ITR applicable to assessee.
In case the assessee get the tax deposited within due date, the return can be filed even after 31st July but the same will not be revised at any later stage.
28 July 2009
Thanks a lot
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
- Is this income indian or foreign income?
- 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
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
