Tds on salary

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 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Follow