VERY URGENT, PLEASE !!!!
Query ( u/s 192 TDS related ) ????
As far as Deductor/Employer( Head of the Institution/school ) point of view ,,
Can i deposit more than of Rs 5000/= ( if any ) as TDS already deducted u/s 192 to a Govt Treasury of a School Teacher for the LAST QTR of F.Y 2013-2014 ??
Example :
Suppose ,for the f.y 2013-2014 , Total Tax payable with EC & SHEC calculated of Rs 36,542/= OF A SCHOOL TEACHER ( after consideration of u/s 80C , 80TTA, AND REBATE U/S 87A ) , and out of which Employer/school authority already deducted 22,000/= till date /till 3rd qtr , so for the balance amount of Rs 14542/= ,
CAN I DEPOSIT THAT AMOUNT ( Rs 14542 ) WITHIN FEW DAYS ??
Please response " as far as Deductor point of view " ..
Thanks
Regards.
CAclubindia
