Extention on time limit for deposit of TDS


This query is : Resolved 

(Querist)
19 May 2008 The assessee had deducted tds for the quarter ended 31st march 2008.Since it is now mandatory for the companies and others who are liable to get their books audited to deposit the challan through net banking only, therefore it might take time to open the account and get the iD AND password.Now my query is whether there is any time extention for the deposit of tds for the quarter ended 31st march 2008.If yes ,then please specify the time upto which the tds can be deposited and return of tds can be filed.

Amit Sharma (Expert)
19 May 2008 Dear Bijay,

As per the news what i heard more than 80% of the companies still have not started the concept of E-TDS , however there is no itimation that there is any extention on the time to fill E-TDS.

The only thing to be done as of now is that you start the process ASAP.


R.V.RAO (Expert)
19 May 2008 Sec 40 (a) (ia) ammendment retrospectively to allow deduction of expenses in case TDS of Mar month not paid in time but paid before due date of return.
THE ABOVE IS LATEST AMENDMENT TO TDS DEPOSIT RELATING TO MONTH OF MARCH 2008 ONLY.
FOR EARLIER MONTHS ,THERE IS NO CHANGE IN DATE OF DEPOSIT OR FILING RETURN. SAME OLD RULES YOU NEED TO COMPLY.
AS STSTED BY SRI AMIT,PL. START THE PROCESS OF NET BANKING AT YOUR EARLIEST.
R.V.RAO





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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details