One of the company follow the practice of deducting TDS on the whole salary whereas they deduct the salary for the leaves of the employee, is it correct. I mean why the TDS deducted on the amount which I did not get. Please clarify.
2 Replies
hitesh
(Telecom Industry)
(169 Points)
Replied 04 August 2011
the practise followed is incorrect.. you are absolutely right, TDS should be deducted on the net amount only that is being paid to the employees.. However, it is not applicable for notice pay deducted, if any..
jaganathan
(accounts executive)
(272 Points)
Replied 04 August 2011
It is purely wrong practise tds should be deducted on the salary recd. by the employee
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