I have been visiting this site fr qiite some time. Its really impressive.
I have a question perhaps residents of this site wd be able to ge me the judgement.
Is it madatory fr an employer/tax deductor to collect investment proof from its employees. Instead of collecting proof cant they simply depend/consider the declaration given by employees and compute tds accordingly?
(its very irritating chasing employees to submit proof. Some employees attitude reflects that they wd be doing some kind a favor by submitting the proof to the employer on time)
Would like to know whats the experts opinion in this regard
Thanks
Sandy
I have a question perhaps residents of this site wd be able to ge me the judgement.
Is it madatory fr an employer/tax deductor to collect investment proof from its employees. Instead of collecting proof cant they simply depend/consider the declaration given by employees and compute tds accordingly?
(its very irritating chasing employees to submit proof. Some employees attitude reflects that they wd be doing some kind a favor by submitting the proof to the employer on time)
Would like to know whats the experts opinion in this regard
Thanks
Sandy