Tds

Hello, TDS should be deducted either at the time of actual payment of rent or at the time of its credit to the account of the payee whichever is earlier.

If it is deducted in the mont of jan , then what is the due date of deposit of tds for march month rent

7 th of month following march or jan?

Due date for deposition will be 7th February. 

TDS is deduct on actual payment Basis. and also deposit date is 7th of Following month. hence in this situtation TDS should be deposited till 7th of FEB

ok. thanks

 If advance rent is paid in month of jan for financial year 2016-17 i. e.april to may month , and tds is deducted in month of jan and deposited on 7 th feb. Then how can the benefit of tds for April to May month is availed as tds deposited in reflected in financial year 2015-16.