banner_ad

Tax on salary

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 May 2008 A company pays salary to its employees on 10th of every subsequent month.however accounts for the salary in the same month.Now when does the TDS become due for payment? is it on 7th of the sussequent month or 17th?ie 7 days from date of payment?
Profile Image

CA Hemant T Dewani

Profile Image

CA Hemant T Dewani (Expert)
16 May 2008 7 th day of the subsequent month
Profile Image

Jitender

Profile Image

Jitender (Expert)
16 May 2008 already answered.
Profile Image

R.V.RAO

Profile Image

R.V.RAO (Expert)
16 May 2008 TDS TO BE CREDITED EITHER ON PAYMENT OR ON CREDITING THE TDS ACCOUNT WHICHEVER IS EARLY.
SINCE YOU ACCOUNT FOR SALARY, IN SAME MONTH ie 30 TH OR 31 ST OD EACH MONTH,TDS CREDIT IS GIVEN ON THOSE DATES. ACCORDINGLY YOUR DEPOSIT DATE IS 7 TH OF NEXT MONTH.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details