Can a company pay an X amount to it's employee in April '11 and deduct tax at source for this X amount FY 2010-11 and simultaneously include this amount in the pay slip of Mar '10? Isn't this a violation of the income tax regulations?
Can a company pay an X amount to it's employee in April '11 and deduct tax at source for this X amount FY 2010-11 and simultaneously include this amount in the pay slip of Mar '10? Isn't this a violation of the income tax regulations?
Hi friends,
Nice post....
I hope we are share more usefull information here…….
thnaks,
Priya
Not really. I guess you need to have a good understanding about the taxation. You can refer to form 16 FAQ
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