11 March 2014
an employee in my company has been recruited since feb-1 and his remuneration is RS 92,000 p.m ,should i deduct tds (his total payment in current yr comes to 1,84,000)
11 March 2014
if the employee has not informed you of any other income earned prior to joining your company, you may not deduct any TDS on the income being paid by you.
11 March 2014
section 192(2) cast the responsibility on the employer only where employee has declared details of earlier income and not otherwise. Therefore it would be wrong to say that employer "needs" to ask for the salary slips