TDS on salary is not at fixed rate; know how tax is calculated and deducted by employer
Every employer who is paying a ‘salary’ to their employees must deduct tax (tax deducted at source) on the month’s…
Tag: TDS deducted by companies
TDS deducted, but not filed ITRs? You may soon get income tax notice
The Income Tax Department will soon send notices to individuals who have not filed income tax returns (ITRs). The notices…
I-T uses fine-tooth comb to nab both employers & employees for TDS-claims mismatch
A mismatch between what an employer computes and what an employee claims can drag both under the taxman’s glare. The…