banner_ad

tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 June 2009 can anyone answer this?

what is the time limit for remiting TDS with central govt for the month of march? The time limit of upto filing of return applies to the TDS deducted for whole of March or For 31st March only ? please clarify with case law or section reference?
Profile Image

Bindu Madhav

Profile Image

Bindu Madhav (Expert)
15 June 2009 TDS for the period 1Mar-31Mar has to be deposited within 7days i.e. before April 7th. However the extended time is allowable only in case of Credits made on 31st March i.e similar to provisions/bill bookings etc., This extension of time is not applicable to all transactions of the month limited to 31st and also for the entries credited. For this the extended period is 31-May and not before filing of the return.

Deduction of any expenses will be allowed if TDS deducted and paid. In case of 31st March entries, though the time limit is allowed till 31-May, it is allowable as deduction if paid before filing of the return.
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
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details