Tds on salary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 May 2012
Dear Sir,
Our company pays salary on 5th/7th of next month.
For Apr-12 we pays salary in 05/05/2012, so we does entry on May & deposit the TDS by June 7, 2012.
Is it correct treatment? OR
we should provide salary on Apr 30,2012 & deposit the TDS by 7th May, 2012.
Thanks
Our company pays salary on 5th/7th of next month.
For Apr-12 we pays salary in 05/05/2012, so we does entry on May & deposit the TDS by June 7, 2012.
Is it correct treatment? OR
we should provide salary on Apr 30,2012 & deposit the TDS by 7th May, 2012.
Thanks
03 May 2012
There is no problem in your practise... Coz TDS on salary to be paid on payment basis...
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