Tds on salary
This query is : Open
21 April 2018
April month salary giving to staff on 5th of May, then TDS have to remit within 7th of May or 7th of June ? Experts kindly advise. Tally software is using. TIA.
21 April 2018
TDS to be deducted Either booking expenses or Payment, Salary normally accounted month End, question of payment is immaterial, you have to deduct TDS on Salary while booking Exps same to be remitted before 7th of Subsequent month.
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21 April 2018
@ Kaviraja Ji
Liability to deduct tax at source shall arise at the time of actual payment of salary
and not at the time of accrual.
Liability to deduct tax at source shall arise at the time of actual payment of salary
and not at the time of accrual.
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22 April 2018
Yes... I agreed to Mr B Chackrapani Warrier Sir..
TDS on Salary will be deduct payment basis...
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