Hi,
If the employee has paid advance tax in a financial year and deposits the challan with the company then can the company consider the Advance tax and lower the amount of TDS by the advance tax.
Thanks,
Chinmay Das (Director) (39 Points)
14 April 2016Hi,
If the employee has paid advance tax in a financial year and deposits the challan with the company then can the company consider the Advance tax and lower the amount of TDS by the advance tax.
Thanks,
Nitin jatav
(Artical Assistant)
(51 Points)
Replied 15 April 2016
Dear Chinmay,
Calculation of TDS on Salary is done after claiming all types of Deductions & Taxes paid bu you,
so the advance tax paids by you will be consider for calculation of TDS on your salary.
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