Easy Office
LCI Learning

Tds payment date

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 June 2016 What is relevant date for payment of TDS to Govt. is it the Invoice date or payment date? Actually supplier has send their invoice in may'16 and it was accounted on june'16 and TDS deduction date is june'16.So the payment of TDS should be made within 07.07.2016. Is the right process? Can any one share me any link for that.
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
07 June 2016 TDS SHOULD BE DEDUCTED AT THE TIME OF BOOKING OF EXP OR PAYMENT WHICH EVER IS EARLIER.
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
07 June 2016 AND TDS SHOULD BE PAID TO GOVT BEFORE 7 TH OF NEXT MONTH



Profile Image

ATANU BANERJEE

Profile Image

ATANU BANERJEE (Querist)
07 June 2016 Suppose I book it on june'16 and Invoice date is May'16, then what happend.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
07 June 2016 you have to deduct the tds when you book the bill or payment which ever is earlier.
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Expert)
07 June 2016 int @ 1% will levy of Non Deduction of TDS

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links