Respected Sir/Ma'am,
Good evening.
My question is about "Advance Tax," such as if an employee has deposited Advance Tax in his individual capacity and submitted an Advance Tax Receipt to the employer as Proof along with their Investment Proof to not deduct tax up to such an amount (i.e., Advance Tax). What is the employer's liability? Can the Employer entertain such an amount and update it at the time of salary processing or not?
Regards
From India, Indore
Good evening.
My question is about "Advance Tax," such as if an employee has deposited Advance Tax in his individual capacity and submitted an Advance Tax Receipt to the employer as Proof along with their Investment Proof to not deduct tax up to such an amount (i.e., Advance Tax). What is the employer's liability? Can the Employer entertain such an amount and update it at the time of salary processing or not?
Regards
From India, Indore
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Professionl Tax challan (Employee).xls