TDS on Salary

Page no : 2

(Guest)

Originally posted by : MRM
	As per Section 192 of the act, Income-tax has to be calculated at the average rate of income-tax computed on the basis of the rates in force for the relevant financial year in which the payment is made, on the estimated total income of the assessee. Therefore, the liability to deduct tax at source in the case of salaries arises only at the time of payment. Also, salary TDS is the only TDS where the liability to deduct TDS arises only at the time of payment. In all other cases, liability to deduct TDS arises at the time of credit or payment whichever is earlier Regards MRM

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Amit Gupta (Loosening Myself) (1508 Points)
Replied 16 July 2010

Provision or payment wchever is earlier

manish aggarwal (Consultancy ) (26 Points)
Replied 26 March 2011

abe gadhon CA final main aake aisa sawal puchoge

the language of law is clear and CBDT ka haar saal annual TDS on salary ka circular mikalta hia usme saaf likha hita hai TDS is to be deducted at the time of actual payment

Please find the Booklet of IT dept it is also written there

https://www.incometaxindia.gov.in/Archive/TDS_on_Salaries.pdf

FCA Manish Aggarwal

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