TaxTMI 
TaxTMI 
TDS on Salaries
X X X X Extracts X X X X
X X X X Extracts X X X X
....DS on Salaries<br> Query (Issue) Started By: - Siraj Shaikh Dated:- 24-9-2012 Last Reply Date:- 27-9-2012 Income Tax<br>Got 4 Replies<br>Income Tax<br>Company has already deducted Rs. 30,000 TDS on sa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lary for 5 months on average basis. On F&F, the company is further going to deduct TDS of around Rs.60,000. Since, i m leaving this job and going to search a new one. suppose that I didnt get the job....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... in this financial year. And my taxable income paid by the company comes to Rs. 6,00,000, can I stop the company for not deducting the TDS under the provisions of Section 192(2B) ? Reply By CA GOPALJ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....I AGRAWAL: The Reply: No, section 192(2B) is for enhancement of income and tax liability not for reduction. Employer has to deduct TDS on estimated basis. The unemployment condtition etc can not be a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nticipated. Reply By Siraj Shaikh: The Reply: You mean to say that the only option with me is that, in case my income for the financial year did not exceed, say Rs. 4,00,000, I need to file the retu....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rns and then claim refund. Reply By SATHEESH NAIR: The Reply: THE INCOME TAX OFFICER MAY GIVE CERTIFICATE TO NOT DEDUCT THE TDS FROM YOU PAYMENT. THIS IS ONLY THE WAY. PL . APPROCH YOUR JURI., ITO. ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....TKS Reply By CA GOPALJI AGRAWAL: The Reply: No deduction certificate is not given in case of salary income. Lower deduction certificate application would not be entertained by AO under the cited cir....
X X X X Extracts X X X X
X X X X Extracts X X X X
....cumstances.<br> Discussion Forum - Knowledge Sharing ....