12 July 2012
We have deducted tax on employees whose salary is Rs.23000 & Rs.30000 P.m.they have worked for two months and left the job and they did not give their PAN details also. We have deducted Rs.1000 & Rs.1300 at the rate of 10%. How can we furnish the details of Tax Deducted on that employees? Can we adjust their amount to other employees in future?
13 July 2012
Remit TDS back to employee who has left as theier income have not exceeded basic exepmtion limit. Use this TDS paid to government against future payment of TDS for other employees.
CAclubindia
