13 February 2015
sir, my query say for eg salary of employee is Rs 45000.p.m tds on salary has not been deducted for 1st , 2nd & 3rd quarter & want to deduct salary in 4th quarter Then how to deduct tds in 4th Qtr is it on 45000*3=135000 & apply slab rate for 3rd quarter or 45000*12=,540,000 and applly slab rate on 540000 Show entire Year salary of 45000*12=540000 In the tds return of 4th qtr & also in salary certificate of the 4th qtr
13 February 2015
YES YES YOU NEED TO SHOW 45000*12 540000 AND CALCULATE TDS DEDUCT IN JAN FEB AND MARCH ..ONLY THE AMOUNT ON WHICH TDS DEDUCTED WILL APPEAR IN 26AS
CAclubindia
