Our Company paid salary before incoporation(registration) to employees for 3months
and the same is treated as preliminary expenditure
is the tds has to be deducted on such salary
please reply soon as it is very urgent
KAVITHA BURMA (CA Final) (197 Points)
07 March 2011Our Company paid salary before incoporation(registration) to employees for 3months
and the same is treated as preliminary expenditure
is the tds has to be deducted on such salary
please reply soon as it is very urgent
Pankaj Arora
(Learner)
(3134 Points)
Replied 07 March 2011
TDS will not applicable in this case... because company incorporate later and TDS not applicable in premilary expenses.
KAVITHA BURMA
(CA Final)
(197 Points)
Replied 07 March 2011
thank u for ur reply
is there any specific provision or section applies in this regard
KAVITHA BURMA
(CA Final)
(197 Points)
Replied 07 March 2011
But i want to know
which period as to be covered in form 16
please reply soon i need to prepare form 16
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