TDS
This query is : Resolved
30 March 2009
If the assessee makes a payment of expense on 31st march, what will be the due date of payment of TDS?
And what will be the due date of payment of TDS if the assessee makes a provision of expense on 31st march?
And what will be the due date of payment of TDS if the assessee makes a provision of expense on 31st march?
30 March 2009
"If the amount liable to tax deduction is credited to the account of the payee on the last date of the accounting year of the assessee, the tax deducted thereon can be paid within two months of that date."
Source: https://www.aiftponline.org/journal/Apr07/inpursuit_of_knowledge.htm
So, if payment is made on 31st Mar 09, due date for TDS remittance is 7th Apr 09.
If Payee's Account is credited on 31st Mar 09 for which payment is made in due course, due date for TDS remittance is 31st May 09
Source: https://www.aiftponline.org/journal/Apr07/inpursuit_of_knowledge.htm
So, if payment is made on 31st Mar 09, due date for TDS remittance is 7th Apr 09.
If Payee's Account is credited on 31st Mar 09 for which payment is made in due course, due date for TDS remittance is 31st May 09
30 March 2009
expenses paid up to march tds to be paid 7th April
provision of 31 march within 2 month
provision of 31 march within 2 month
30 March 2009
answered
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
