Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Postponement of Deduction of Tax at Soure

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Postponement of Deduction of Tax at Soure
Query (Issue) Started By: - Siva Nandu Segu Dated:- 24-5-2016 Last Reply Date:- 25-5-2016 Income Tax
Got 3 Replies
Income Tax
Postponement of Ded .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uction of Tax at Source without written request from employee is equivalent to Non-Deduction of Tax at Source and attracts interest and penalty. whether written request is enough for non deduction of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TDS or deposit to such TDS amount is mandatory. Reply By Ganeshan Kalyani: The Reply: Sir, the responsibility of deduction of TDS of employees is the responsibility of Employer. However employee ca .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n submit Income Tax Declaration Form to his/her employer in the beginning of the Financial Year declaring his/her propsed investments which qualify for deduction from Gross Total Income. Investment .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... declaration should be done in a format prescribed. Thanks. Reply By Siva Nandu Segu: The Reply: Ok Thank for your valuable reply Thanks & Regards S.Sivanandu Write me on :[email protected] .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reply By MARIAPPAN GOVINDARAJAN: The Reply: Deduction of tax at source is a must for the employer from his employees. There is no option for the request by the employee not to deduct tax at source t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o the employer. Recovery and deposit of TDS is mandatory in respect of employer.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates