Tds-salary returns filing

This query is : Resolved

Mahendar Gagilla (Querist)
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23 August 2011
Hi Sir,

We deducted the tax payable amount(F.Y 2011-12) from employees as per the gross salary(given all exemptions) but not paid till now so please let me know what is the last date for payment & returns filing. And kindly let me know statutory problems also for this delay.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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23 August 2011 Salary TDS need to be paid with in 7 days from the month of deduction

You need to pay the interest for delay payment of payment at the rate of 1.5% per month or part of the month from the month of deduction to payment date

Returns need to be filed 15th July for April-June quarter