This is regarding non deduction of TDS by the employer.
A company fails to deposit TDS of its employees ,as a result the employees could not file IT return before due date.Who will be in default for non filing of IT returns before due date.The employee or the company ?.Pl clarify.
Asked on 8/01/13, 12:43 am
1 Answer from Attorneys
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
There is no such thing mentioned in the act,nevertheless,the company shall be penalised for becoming default in the TDS issue and the employees are bound to pay late filing interest,which has to be provided by the company.
Answered on 8/01/13, 1:44 am
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