TMI BlogTds on salaryX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear All, Can anybody confirm me TDS on Salary is deductibale on payment basis or Payable basis? Please, also confim me whether provision made for salary bonus is subject to TDS or not U/s 192 and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... U/s 15 - Reply By Rama Krishana - The Reply = TDS on salary is applicable on payment or credited to the books of account whichever is earlier. Bonus is also forming part of salary to be included i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nto the gross salary before tds. - Reply By sunil gupta - The Reply = TDS ON SALARY IS TO BE DEDUCTED ONLY AT THE TIME OF PAYMENT. PLEASE READ THE SEC.192(1) VERY CAREFULLY.THE WORDS ARE " SHALL AT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... THE TIME OF PAYMENT DEDUCT INCOME TAX." - Reply By Ravi Chopra - The Reply = I do agree with the view of Mr. Sunil gupta that provisions of 192(1) contains the term "payment". But, from practice ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... point of view, i agree with the views expressed by Mr. Rama Krishna - Tds on salary - Query Started By: - Hanumanthaiah D.T Dated:- 1-4-2009 Income Tax - Got 3 Replies - Income Tax - Discussion For ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... um - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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