Easy Office
Easy Office

TDS in case of salary

This query is : Resolved 

21 March 2009 In case of salary TDS will be attracted as & when payment is made. Therefore if in a previous year say 2007-08 salary is only due i.e.whole years salary is paid in subsequent year 2008-09 and the TDS accordingly. My question is in A.Y 2008-09 salary is taxed on due basis and as there is no TDS whether employee has to pay the tax from his hand or can he use TDS certificate of pertaing to A.Y.2009-10?

21 March 2009 tds will be deducted on due basis.

21 March 2009 tds shud be deducted on payment basis


21 March 2009 In A.Y 2008-09 the employee has to pay tax from his hand.

21 March 2009 Thank you freinds
I suggest to those who replied that TDS wii be on due basis, to refer section 192.

21 March 2009 More specifically sub section 1 of section 192.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries