Tds on salary

Dear all,

I just want to know whether any default is consider in case we have deducted TDS from salary of employee unquall but correct in quantum that is i have deduct TDS in lumpsum at last but have deducted TDS exactly as required to be deduct from salary income??

Hiren

Replies (1)

Normally the employer has to obtain from his employees, the proposed investments he will be making during th year.  On the basis of these investments provided TDS is required to be made.  However if the taxable income is below the exemption then no tds needs to be made.

However at the year end say in dec, the employer needs to obtain the actual proofs of investments from his employees & then TDS needs to be made.  So if TDS was not being made from the beginning & is required to be made after submitting the actual proofs, then there is no default on part of the employer.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics :

Loading
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details