Doubts Reg. Income Tax And Pf Of Our Employee - XLS Download

hractivities
Hi,
My sincere thanks to all for your valuable replies.
Please provide reply to the following queries also.
1.Should I pay income tax deducted from that employee's salary
to IT department either on monthly basis or end of March-2009 for the current financial year ?.
2.How and where to pay professional tax of that employee?.
With Thanks,
Devi
manu_hallucknow
Hello Sir, I m Manu from Lucknow. I have small company (India) Pvt. Ltd. in New Delhi and Lucknow and 11 employee in our company. Nowat not deducted the PF. but now i want all employee registration in PF office. am i right. if it is right So, Please help in what process for PF registration in office please all details of process.
Thanking you,
Manu
jeevarathnam
Hi Dev,
1.Even though newly recruited employee's salary is above income tax limit
It is not compulsory for deducting PF for this employee. Coz total strength is lesser than 20.
2. Should I deduct and pay income tax from his salary to IT department on monthly basis or end of March-2009 ?
I believe it is Mar 2010 & not 2009. Certainly its your responsibility to deduct TDS every month. It is not mandatory to deduct every month you can even deduct at the end of the year. But if you deduct the entire tax amount at one or two shots the employee will feel heavy burden & he cannot manage his commitments so only employer deducts TDS every month.
Jeeva
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