TDS ON SALARY


This query is : Resolved 

(Querist)
31 May 2010 Hi,

Is provision related deposit of TDS till 31st may is applicable in case of salary also i.e. in case salary provision is done on 31st march then is it possible to deposit tds on 31st may?

Regards
Gaurav

31 May 2010 No. In case of salary, tax should be deposited within a week from the last day of the month in which the tax is deducted

31 May 2010 AGREE WITH EXPERT. TDS ON SALARY IS TO BE DEDUCTED ON PAYMENT BASIS AND HENCE SHOULD BE DEPOSITED WITHIN 7TH OF NEXT MONTH.

Rahul Gupta (Expert)
31 May 2010 Agreed with experts.


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