Last date for depositing tax

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This query is : Resolved

SANJAY (Querist)

28 May 2010 i am doing job work for some industry and TDS has been deducted by that industry as per rules.

further i have some rent income from some other industry to whom i have given a shed on rent. As rent paid by them was within the limit of TDs exemption (Rs. 1,20,000/- during the year 2009-10), no tds was deducted by them.

Now for the FY 2009-10 (AY 2010-11) when i am preparing my return by clubing both the incomes, i need to deposit tax as no tax was deducted on rental income.

please tell me till when and how i can deposit this tax to avoid penalty.

thanks

CA. Gurdeep Singh Chawla

CA. Gurdeep Singh Chawla (Expert)

28 May 2010 deposit tax before filing your income tax return

Message likes : 1 times

SANJAY

SANJAY (Querist)

28 May 2010 thanks.

also please inform that whether interest is also to be paid on this amount for post 31st March 2010 period. if yes, at what rate?

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)

28 May 2010 If tax liability is more than Rs.5000, then you have pay interst u/s 234A/B/C.
Deposit the tax with interest as self assessment tax in form 280

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