TDS is deducted and paid after the Financial year for salried employee.full tax is paid after FY by TDS by employeer.During FY year no tax paid by advance tax.whether 234B is applicale.
Vignesh (Finance executive) (256 Points)
13 March 2018TDS is deducted and paid after the Financial year for salried employee.full tax is paid after FY by TDS by employeer.During FY year no tax paid by advance tax.whether 234B is applicale.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 13 March 2018
Did employer paid TDS with interest, for the corresponding period?
Check your form 26AS....
Finally what is your tax liability for the PY?
Vignesh
(Finance executive)
(256 Points)
Replied 15 March 2018
Yes employer paid tds with interest for non deducting TDS during the financial year.TDS deducted in march and paid with interest to department.
After taking credit of TDS tax payable is Nil.