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Answer Posted / s balasubramanian
Under Income tax act, the Employer is responsible to deduct
TDS on salary of the employees etc. otherwise he is
liable. The tax is to be evened out during the year and
you cannot deduct TDS at the end of the year. In the
beginning itself, one has to assess the Income tax of the
employee after getting other details such as savings,
eligible deductions etc., and accordingly you have to
proportion out TDS every month.
It is direct income to Government.
| Is This Answer Correct ? | 80 Yes | 12 No |
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