Friday 13 January 2012

TDS ON SALARY: EMPLOYEES RESPONSIBILITY IF EMPLOYER DEFAULTS


In the case of TDS on salary, whether there is any responsibility for an employee if employer makes any default for TDS at the time of payment of salary to employees?
Various penalties are levied on the employer in case of default, making the entire procedure equally painful for your employer.TDS is solely the obligation of the employer but, if as an employee you are aware that there is a TDS default, then you may be held responsible too. If your total income exceeds the maximum amount not chargeable to tax and no TDS is being deducted by the employer, then you are under an obligation to pay tax through the advance tax route.

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