11 September 2014
When is tds to be deducted on salary whether on payment or when it becomes payable.for eg. salary payable date 30.8.2013 & salary payment date 31.3.2014. Which date will be consider for Tax deduction. Plz tell me with confirmation. Plz reply as soon as possible here Can i get any other reply with confirmation??
11 September 2014
Salary payment date may be considered as date of tax deduction. Section 192 casts the responsibility on the employer, of tax deduction at source, at the time of actual payment of salary to the employee.
CAclubindia
