Dear Members
Can a concern having handsome profit pay salary for the whole year at the year end i.e. in the month of march? If yes whether all previous TDS return will get reviesed or not?
Thanks in advance
swohra (none) (537 Points)
18 March 2011Dear Members
Can a concern having handsome profit pay salary for the whole year at the year end i.e. in the month of march? If yes whether all previous TDS return will get reviesed or not?
Thanks in advance
Rahul Agarwal
(Future CA)
(217 Points)
Replied 18 March 2011
Well It cannot be definitely paid as Salary 4 sure but it can be paid as incentive / bonus paid as incentive if he is already being paid salary and for that U don't even need to file revised TDS returns.
Abhijeet Deshpande
(Co-Founder & Manager @ Tax-Yantra)
(1171 Points)
Replied 18 March 2011
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