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Vishwanadham Tademeti   01 December 2015

TDS from employee

My client was suspended from service in 2002 and was reinstated in 2015 as not guilty. Total periods salary was paid in one lump. Now the department is forcibly recovering entire salary for the past 2 months. Total tax is ₹ 3,15,000/-. Is there any way we can save him without evading tax? Tax can be recovered in bearable installments


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 1 Replies

ABHIMANYU JHAMBA (PROPRIETOR)     02 December 2015

The tax ought to be paid. There is no way you can avoid payment of taxes. However, it can be set off agianst loss (if any_ from house property.

 

Abhimanyu Jhamba

9218999999


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