Tds on salary

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 April 2014 Dear Experts,

Whether it is a duty of an employee to submit documents to employer for Income tax purpose (TDS on Salary)?.
What if employee doesnt provide documents for its investments U/s. 80C and provide only computation on its own and shows investments u/s 80C without any documentary proof. Whether company should accept computation provided by him and not deduct TDS?
What are companies liabilities regarding Income tax purpose??
Plz suggest.

05 April 2014 No you need to provide them proof as per declaration otherwise it is the duty of the employer to deduct TDS from your salary.



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