05 April 2011
As per new TDS rules, All sums deducted in accordance with the provisions of Chapter XVII‐B by deductors other than an office of the Government shall be paid to the credit of the Central Government on or before 30th day of April where the income or amount is credited or paid in the month of March. Hence Due date for TDS deposit is 30.04.2011 for the m/o March 2011. Due date for TDS return is 15the May 2011.
05 April 2011
[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI NOTIFICATION Dated: May 31, 2010 INCOME TAX In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (6th Amendment) Rules, 2010. (2) They shall come into force on the 1st day of April, 2010. 2. In the Income-tax Rules, 1962, – (a) for rules 30, 31, 31A and 31 AA the following rules shall be substituted, namely:- “30. Time and mode of payment to Government account of tax deducted at source or tax paid under sub-section (1A) of section 192. (1) All sums deducted in accordance with the provisions of Chapter XVII-B by an office of the Government shall be paid to the credit of the Central Government – (a) on the same day where the tax is paid without production of an income-tax challan; and (b) on or before seven days from the end of the month in which the deduction is made or income-tax is due under sub-section (1A) of section 192, where tax is paid accompanied by an income-tax challan. (2) All sums deducted in accordance with the provisions of Chapter XVII-B by deductors other than an office of the Government shall be paid to the credit of the Central Government – (a) on or before 30th day of April where the income or amount is credited or paid in the month of March; and (b) in any other case, on or before seven days from the end of the month in which- (i) the deduction is made; or (ii) income-tax is due under sub-section (1A) of section 192.
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