TDS on salary
Sandeep Sharma (Accounts executive) (552 Points)
27 July 2019Sandeep Sharma (Accounts executive) (552 Points)
27 July 2019
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 27 July 2019
1. Unlike in other section TDS, u/s 192 does not put a restriction for deduction of TDS for salary payment at the time of payment.
2. But the only condition is to deduct all the TDS amount before the end of the FY. As long as it is deducted and paid in time, interest liability will not arise.
Please correct me if the above solution has an alternative view.
rama krishnan
(12239 Points)
Replied 28 July 2019