I am an employee as my employer is deducting Income Tax from my salary every month I don't know whether he is paying or not. I want to know if he does not pay the TDS I am liable to pay it or he is responsible for it.
Mohd Sarfaraz Latibani (Tax Consultants) (284 Points)
04 November 2008I am an employee as my employer is deducting Income Tax from my salary every month I don't know whether he is paying or not. I want to know if he does not pay the TDS I am liable to pay it or he is responsible for it.
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 04 November 2008
If your pay slip contains deduction towards TDS then he is responsible for paying it to govt..
deepti
(student)
(24 Points)
Replied 04 November 2008
Your form -16 which u receive at the end of the year from your employer, will have the challan details of TDS paid by your employer.
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 05 November 2008
But Ms dipti, the queriest wnts to know how to ensure on a monthly basis not wait till the year-end.
CMA A.K.ROY
(SERVICE)
(188 Points)
Replied 05 November 2008
GET REGISTERED FOR ONLINE TAX CREDIT WITH INCOMETAXINDIA.GOV.IN. EMPLOYERS ARE REQUIRED TO FILE TDS REDURNS ON QUARTERLY BASIS INCLUDING 24Q(FOR SALARY). WHETHER TAX HAS BEEN PAID CAN BE VIEWED ON QUARTERLY BASIS NOT ON MONTHLY BASIS.
Mahesh
(Accounts Executive)
(20 Points)
Replied 05 November 2008
Originally posted by :Mohd Sarfaraz Latibani | ||
" | I am an employee as my employer is deducting Income Tax from my salary every month I don't know whether he is paying or not. I want to know if he does not pay the TDS I am liable to pay it or he is responsible for it. | " |
Offcourse You have to pay the Income tax. And you can Force the employer to pay or you are eligible to put a case
shafique
(Accountant)
(30 Points)
Replied 05 November 2008
Hello
Please give me a complete detail about TDS on SAlary.
*Rate of TDs
*How to calculate.
*threshold limit.ete
Thanking you
KHAN SHAFIQUE
Pradeep.R
(Chartered Accountant)
(20 Points)
Replied 06 November 2008
TDS on salary will be calculated as per the slab rate. i.e., for 2009-10 the following is the slab rate for individual.
upto 150000 - nil
150000 to 300000-10%
300000to500000-20%
more than 500000-30%
for women the basic exemption limit is 180000 and for senior citizen it is 225000.
for Eg. if the salary is 400000 p.a then The TDS amount will be 25000
T.Vijay Kumar
(Accountant)
(24 Points)
Replied 22 April 2009
Hi. Friend
My Name Is Vijay I want TDS Rates in All Aspects