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TDS Covered Online Payment or not

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Sarvesh Mani Tiwari,CFA(ICFAI)

Sarvesh Mani Tiwari,CFA(ICFAI) (Querist)
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02 May 2008 For Corpoate assesee TDS Covered Online Payment mandatory or not w.e.f 01.04.08,Bank is still accepting thru Phy Challan?

Taxguy (Expert)
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02 May 2008

CA Nikesh J Gandhi

CA Nikesh J Gandhi (Expert)
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02 May 2008 it is mandatory as circular has come but u r right Bank is still accepting.Still it is advisable to pay online .

O.D.SHARMA (Expert)
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02 May 2008 TDS on line was made mandatory WEF 1st april 08 but due to some infrastructural issues both options are open .

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