Dear sir
My wife is working in a private school with gross annual income of Rs 350,000/- The school people are not deducting the income tax.They are telling there is no tax liability. How is this possible?
thanks
Dwarakanath
B S Dwarakanath (manager) (81 Points)
30 March 2014Dear sir
My wife is working in a private school with gross annual income of Rs 350,000/- The school people are not deducting the income tax.They are telling there is no tax liability. How is this possible?
thanks
Dwarakanath
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 30 March 2014
Dear Sir,
in this case , the school must deduct TDS. If they are not doing so then you have to pay advance tax or self assessment tax.
Regards