banner_ad

Tds payment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 April 2013 Sir/Madam

The TDS amount related to the month of March paid in the month of April, belongs to which quarter? (previous or preceding year)
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
19 April 2013 It relates to the last quarter (Jan to March) of the the preceding year.
Profile Image

Abhilash

Profile Image

Abhilash (Querist)
19 April 2013 Thank you sir.
Profile Image

Abhilash

Profile Image

Abhilash (Querist)
19 April 2013 While making provision for salaries related to March which is payable in the April, if entry is passed for whole amount as provision for salary in March and split entry for deductions passed in April, does that deductions (TDS or IT) related previous year quarter or preceding year. Because, provision rule says 'At the time of credit or at the time of payment which is earlier'.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
19 April 2013 Yes it will relate to previous year last quarter.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details