27 April 2011
Is it compulsory to deduct TDS from salary every month. If not deducted what is the penalty and what are the deadlines to pay TDS deducted from the salary.
27 April 2011
Clause 3 of CBDT Circular No. 8/2010 [F.No. 275/192/2009-IT(B)], dated 13-12-2010 SAYS INCOME TAX HAS TO BE DEDUCTED FROM SALARY EVERY MONTH AT THE TIME OF PAYMENT.