If i issue a cheque of Rs.25000 to sameone as a salary. can i deduct tds on it?
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 24 August 2013
it depends on annual taxable salary of the employee.
If you issue chek in March then no tds required if it is issued in April then you may required!!
Thanks!!
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 24 August 2013
to more about taxation of salary refer: /forum/salary-its-meaning-amp-how-to-calculate-tds-on-salary-easily-232338.asp
Thanks
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
