Tds on salary

938 views 5 replies

sir,

please let me know the below confusion.

 Is salary for the month of march 2013  is added  on 2012-13 TDS calculation,if actual salary  payment   of march 2013 is paid on april 13 month ?

 

i shall be very grateful to you.

thankyou in advance.

Replies (5)

Helloo...friend

 

TDS is deducted on the basis of amount credited or paid , which ever is earlier.

If salary is credited  on 31st march then it should be included in the same year .

 

thanks

 

Salary for the month of March-13 received in April-13 will be taxable in the year 2012-13.

yes it will be added and taxable in 2012-13

TDS is always deducted on the basis of amount credited or paid , which ever is earlier. 

If salary is credited on 31st march 2013 then it should be treated as liability of F.Y. 2012-13. and will be paid to Govt. by April'2013.

Dilip Gupta

due r recieved which ever is earlier is taxable even if u got advance tax for next year it is also taxable in current year

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details