Please Help: Income Tax
Posted Date : 07-Dec-2012 , 10:58:24 am | Posted By: AMIT JAJODIA
Category :
Income Tax | Answers :
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Comments :
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As per the income tax Act Tds on Salary is to be deducted on payment basis. Now if for a F.Y salary provision is made and no payment is made then what will be the consequences ? |
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Answers:
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 Answer by: CA Satuti Mahajan |
| no tds on provision.
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| Comments |
| Posted By : Vipul Jadhav |
18-Dec-2012, 07:55:48 |
| tds is to deducted on payment/credit whichever is earlier. if salary expense is not claimed by employer, then its ok. but if salary expense is claimed by the employer, the same would be disallowed since the tds provisions have not been implemented. |
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| Posted By : Chirag |
13-Dec-2012, 03:00:55 |
| deduct TDS at the time of actual payment |
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| Posted By : Chirag |
08-Dec-2012, 02:37:43 |
| Section 192 casts the responsibility on the employer, of tax deduction at source, at the time of actual payment of salary to the employee |
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| Posted By : Naga Rakesh |
07-Dec-2012, 03:25:12 |
| SINCE THERE WAS NO PAYMENT OR CREDIT TO THE EMPLOYEE A/C NO NEED TO MADE TDS |
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