TDS under section 192, Income Tax

[Rahul Bagaria]

If the employee leaves the company on 25th of March ( 2019 - 2020) and the F&F settlement is done in the next FY (2020 - 2021)....however the provision is made in FY 2019 - 2020 but the company is deducting tax at the time of releasing the employee F&F in the next FY ( 2020 - 2021)....the section says tax to be deducted at the time of payment , may be the tax rate can change as compared to previous FY....is the company position correct from section 192 prespective

Posts / Replies

[DR.MARIAPPAN GOVINDARAJAN]

In my view it is correct.