Tds deduction on increasing salary
Neeraj Joshi (Accounts executive) (97 Points)
04 August 2016Neeraj Joshi (Accounts executive) (97 Points)
04 August 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171414 Points)
Replied 04 August 2016
Your company will calculate the (additional)TDS due along with any interest payable, which shall be deducted from your payment.
Neeraj Joshi
(Accounts executive)
(97 Points)
Replied 04 August 2016
Thanks Sir, we will deposit the additional due tds with interest But I want to know is there any penalty need to pay also..
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171414 Points)
Replied 04 August 2016
No need now. It has to be decided by ITO, during assessment.
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