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TDS on Salaries

This query is : Resolved 

25 March 2008 What is the due dates for remitting the amount deduct towards TDS on Salaries

If the Salary is credited on 30-04-2007
if the Salary is credited on 01-05-2007 of April Month Salary
if the salary is credited / paid on 31-03-2008

25 March 2008 In salary case,tds is deducted u/s 192 and according to section 192,tds is deducted from salary at the time of payment of salary and it is required to be paid within 7 days from the date of deduction.

25 March 2008 within 7 days of the next month except in case of amount credited on 31.03.08, you may paid upto 31.05.08.

25 March 2008 Due date of remittance of the TDS amount is within 7 days of the following month in which payment of salary is made. For ex- if payment is made on 28th feb the due date of deposit of TDS will be till 7th mar. But in case of payments made on 31st march TDS can be depoited till 31st may.
In ur case for salary paid on 30-04-07 TDS should be deposited till 7th may'07.
For salary paid on 31/03/08 TDS can be deposited till 31/05/08.
For salary paid on 01-05-2007 date of deposit would be till 07-06-2007.

25 March 2008 i agree with sri r. prasad on allpoints answered on the query.
R.V.RAO

28 March 2008 I too agree with Prasad.

01 December 2009 agree

30 December 2009 within 7 days of the next month except in case of amount credited on 31.03.08, you may paid upto 31.05.08.



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