For purposes of deduction of tax at source the expression “person responsible for paying” means:
S No | Nature of Income/Payment | Person Responsible for Paying Tax |
1 | Salary (other than payment of salaries by the Central or State Government) | i) the employer himself; or ii) if the employer is a company, the company itself, including the principal officer thereof. |
2 | Interest on securities (other than payments by or on behalf of the Central or State Government) | the local authority, corporation or company, including the principal officer thereof. |
3 | Any sum payable to a non-resident Indian, representing consideration for the transfer by him of any foreign exchange asset, which is not a short term capital asset | the “Authorised Person” responsible for remitting such sum to the non-resident Indian or for crediting such sum to his Non-resident (External) Account maintained in accordance with the Foreign Exchange Management Act, 1999 and any rules made thereunder. |
4 | furnishing of information relating to payment to a non corporate non-resident, or to a foreign company, of any sum, whether or not chargeable under the provisions of this Act | i) the payer himself; or ii) if the payer is a company, the company itself including the principal officer thereof. |
5 | Credit/payment of any other sum chargeable under the provisions of the Act | i) the payer himself; or ii) if the payer is a company, the company itself including the principal officer thereof. |
6 | Credit/payment of any sum chargeable under the provisions of the Act made by or on behalf of the Central Government or the Government of a State. | i) the drawing and disbursing officer; or ii) any other person, by whatever name called, responsible for crediting, or as the case may be, paying such sum. |
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Whether 'tips' received fall within the meaning of "Salaries" to attract TDS under section 192
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