Tds on salary
This query is : Resolved
05 February 2014
Dear Sir,
We have an Employee who was working with our Propietory Firm Till Dec 2013 & we were deducting Rs. 1600/- as TDS Considering his Full year Income for F.Y. 2013-14. The same employee now been Transfer to Our Pvt. Ltd. Co. My Query is Shall we still continue deducting Rs. 1600/- towards TDS? How we should consider his total Income from salary for the F.Y. 2013-14 for Both the companies.
We have an Employee who was working with our Propietory Firm Till Dec 2013 & we were deducting Rs. 1600/- as TDS Considering his Full year Income for F.Y. 2013-14. The same employee now been Transfer to Our Pvt. Ltd. Co. My Query is Shall we still continue deducting Rs. 1600/- towards TDS? How we should consider his total Income from salary for the F.Y. 2013-14 for Both the companies.
05 February 2014
Hi
Yes, you have to continue deducting TDS if his income remains same.
Thx
Yes, you have to continue deducting TDS if his income remains same.
Thx
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