Is every employer liable to deduct TDS u/s 192? If not , then which employer is liable to deduct tax u/s 192?
4 Replies
AMIT KUMAR JAIN
(CA)
(94 Points)
Replied 15 May 2013
Every Employer shall be liable to Deduct Tax at Source if the Remuneration paid to the Employees concerned (after taking into account various Deductions and Exemptions) exceeds the maximum amount which is not chargeable to Tax.
CA Prashant Gupta
(DGM (F & A))
(14068 Points)
Replied 15 May 2013
every employer is liable to deduct TDS u/s 192, if TDS is applicable
there is no exemption in 192 for this.
Pawan Mittal
(CA Final)
(711 Points)
Replied 15 May 2013
I agree with the answer given by Amit Sir that if there is any tax liability of the employee because of income from salary than the employer is liable to deduct TDS.
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