ripu sudan Maroo (43 Points)
16 April 2019if employer doesn't cut tds on employee salary as he doesn't have tan.
is there any ptoblem in Income tax?
salary is 50,000 per month.
Pankaj Goswami
(CA-FINAL)
(422 Points)
Replied 16 April 2019
Pankaj Goswami
(CA-FINAL)
(422 Points)
Replied 16 April 2019
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 16 April 2019
Employer need to obtain TAN and start deducting TDS, TDS on salary is deducted every month so that take home of employees are uniform in all 12 months, if TDS is not made in 1st month than burden is shifted to remaining months.
TDS is applicable on net taxable income after considering all available deductions, exemptions and losses. So even if salary is 8 lakhs net taxable income can be zero.
24Q is Quarterly TDS return which need to filed as per below dates:
Quarter ending - 30th June 2019 and Due date -31st July 2019
Quarter ending - 30th September 2019 and Due date -31st October 2019
Quarter ending - 31st December 2019 and Due date -31st January 2020
Quarter ending - 31st March 2020 and Due date -31st May 2020
Do let us know if you have any query.
Thanks
@ VaibhavJ
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 16 April 2019
Anushka Patil
(other)
(304 Points)
Replied 17 April 2019
Check the salary slip, is it mentioned salary to the employee?
CAclubindia
