Date of Payment of TDS

TDS 603 views 2 replies

Hey can anyone tell me about the provisions for payment of TDS for the month of MARCH???

Replies (2)
TDS for March payable by 07th April. If account only credited on 31st Macrh then due date of TDS payment 31st May

Hi,

If  actual payment or credit to the account happened on 31st March of the year, then TDS need to be deposited on or before 31st of May otherwise 7th of April but in case of salary, the due date is 7th of April only. You can deposit TDS on or before filing of return of income but with interest for late payment. Your expenditure will not get disallow u/s 40(a)(ia).


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