Postponement of Deduction of Tax at Soure

[Siva Nandu Segu]

Postponement of Deduction 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 TDS or deposit to such TDS amount is mandatory.

AI Summary

Employers must comply with TDS rules; non-compliance without written employee requests may incur penalties and interest. A discussion on the postponement of Tax Deduction at Source (TDS) without a written request from employees highlights that such actions are considered non-deduction and can lead to interest and penalties. One participant clarifies that employers are responsible for TDS, but employees can submit an Income Tax Declaration Form for eligible investment deductions. Another participant emphasizes that TDS deduction is mandatory for employers, and employees cannot request non-deduction. The conversation underscores the importance of compliance with TDS regulations by employers.