Tds on salary is deducted on declaration basis

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2014 Hi Sir,

The TDS on salary is deducted on the base of declaration given by employee. My question is that suppose a employee give the declaration for full claim of investment u/s 80C. and on that base company has not deducted the TDS amount any till December. and in the month of January he has left the job and so thus company has no any investment proof other than declaration only. then now company will be liable or not for not deducting the TDS?

please reply asap

thanks

@VaibhavJ

@VaibhavJ (Expert)
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13 January 2014 Hi,

In such case before doing F&F you have to ensure that TDS is recovered from his salary.

If you fail to then company has to deduct TDS from his salary & recover later.

Thanks

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

14 January 2014 Tnanks for reply.

But if company pay the salary on the last date of the month. then suppose that if a employee takes the salary on 31st decemeber and left the job from 1st Jan, then how company will deduct TDS? because company does not have any due from employee then how is it possible?

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@VaibhavJ

@VaibhavJ (Expert)
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14 January 2014 Hi

Tog can recover from leave encashment or gratuity if any due to employee.

Thanks