TDS Deposit
This query is : Resolved
Biraj Parija
(Querist)
26 August 2008
Hello,
I just want to know what is the due date for deposit of TDS? e.g If I deduct TDS on 30th April 2008 and depsoit the same on 07th May 2008 through cheque which got cleared on 10th May 2008. Am I defaulter in deposit of TDS or not.
I just want to know what is the due date for deposit of TDS? e.g If I deduct TDS on 30th April 2008 and depsoit the same on 07th May 2008 through cheque which got cleared on 10th May 2008. Am I defaulter in deposit of TDS or not.
26 August 2008
TDS should be paid in Treasury within a week. for more on this go to: https://www.incometaxmumbai.nic.in/taxpayer/tds.htm
Biraj Parija
(Querist)
26 August 2008
Mr. Dashrath,
I would like to confirm that whether I am defaulter in deposit of TDS or not on the above condition. As, I have deposit the cheque in HSBC Bank on 7th but it got cleared on 10th so what is the status i.e. on due date or defaulter
I would like to confirm that whether I am defaulter in deposit of TDS or not on the above condition. As, I have deposit the cheque in HSBC Bank on 7th but it got cleared on 10th so what is the status i.e. on due date or defaulter
CA MOHIT VAATS
(Expert)
26 August 2008
Mr. Biraj,
The date of deposit the cheque deemed to be the date of payment if the cheque is realise.
The date of deposit the cheque deemed to be the date of payment if the cheque is realise.
26 August 2008
Two processes are involved in the deposit of TDS in govt account. These are:
1. Tendering of Cheque with the relavant challan
2. Realisation of money by the collecting bank against the said cheque.
The deductor is resolved of his responsibility if the cheque is tendered in due time.
1. Tendering of Cheque with the relavant challan
2. Realisation of money by the collecting bank against the said cheque.
The deductor is resolved of his responsibility if the cheque is tendered in due time.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
