Please Wait ..

to your account


Remember Me

Forgot your password?

Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Discussion > Income Tax >

TDS of March provision

    Post New Topic
Pages : 1

Related Files


[ Scorecard : 554]
Posted On 05 May 2011 at 13:02 Report Abuse


can some body clarify my query regarding showing the entry of march,11 related tds provision in Etds return of 4th quarter for the FY 2010-11

i.e. earlier we used to show the provisional entries in dedutee annexure as Book entry marked by "Y" whose due date of tds payment is 31st of May

Now a days it is 30th of April for the FY 2010-11


Whether the same is also maked as book entry by "Y" in the tds return or this is not applicable from 4th qtr of fy 2010-11


pl. let me know with the IT dept. circular if any.


Dipak Agarwal




Online classes for CA CS CMA

Share on

Sandeep Keswani
Tax Consultant

[ Scorecard : 1034]
Posted On 05 May 2011 at 13:54

Dear Dipak,

I am not very clear about your querry. R u asking about the provision for TDS amount or the amount paid / credited to deductees. Anyway let us discuss both.

While filing ETDS return, the option for "Whether paid through Book Entry" arises at two places - (1) for the amount paid to deductee on which TDS is made. Select "Y" option here only if payment is by passing JV. If actual payment is made, select "N" option. (2) for the amount of TDS deposited with the government. Normally payment to government is not possible through Book Entry. U have to deposit the TDS amount to the government via bank. Book Entry is only possible in case of Government Establishments. So for this option normally "N" should be selected.

As regards the amount of TDS deducted on 31-03-2011, the same will have to be provided irrespective of the fact that it is to be paid on 30-04-2011 (which was earlier 31-05-2011) So this provision should be made in books on 31-03-2011 as Unpaid TDS.

As regards payment made to deductees, if it is paid through Book Entry, a provision is automatically made. There is no Circular or Notification of the Department on this. This is normal accounting principle.

Hope your querry is resolved.....

B.Com, ,C.A. Final

[ Scorecard : 1434]
Posted On 05 May 2011 at 14:06

You can type "N" as no.

There are 2 Replies to this message

Related Threads

Post your reply for TDS of March provision

Your are not logged in . Please login to post replies

Click here to login

Not a member yet ?? Click here to signup



  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.

Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top