Regarding tds

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atul mane (Querist)
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07 April 2015 what is bafna sir said and deven sir said here is i am confused abt rule should i deposit tds up to 7 th of each month or i should deposit it exact on 1 st of every month so it will clear on or befor 7 th deven sir we are an educational institute so we not made jv its all about cash basis system. so please help me for clearing my confusion regarding rule of tds deposit.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 April 2015 Due date of deposit of TDS is 7th of Next month. Say TDS deducted during February needs to be deposited on or before 7th March.

Only for the TDS deducted during the month of March, due date is 30th April. So TDS deducted during the month of March should be deposited on or before 30th April.

Hope its clear now.

atul mane

atul mane (Querist)
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08 April 2015 thank you gupta sir

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