Tds deducted on salary inclusive other income

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

11 July 2016 Dear All, we are paying taxable salary to one of our employee pls guide me should i ask employee to furnish the other income details along with the investment or not, Thanks & Regard Atul Khonana

Kaushik Joshi

Kaushik Joshi (Expert)
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11 July 2016 Dear Mr Atul, Yes you are required to collect details from your employee relating to his total income. however ask him to give a signed declaration stating his other income details as well. this is to keep you on the safer side.

Querist : Anonymous

Querist : Anonymous (Querist)

11 July 2016 sir, should i take written declaration in plane paper or is there any specific form for the same

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Kaushik Joshi

Kaushik Joshi (Expert)
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13 July 2016 Dear Anonymous, no such specific form is given. you can create any draft. try searching draft on Google for company investment declaration.