C.A. M.Com. Suhas A. Nagpure (CA) 16 April 2012
Old rule: Many people have a doubt regarding the due date for tds payment in March month. In old rules due date for tax deducted in month of March was 7 April and date to deposit tds deducted on provision on last day of financial year was 31.05 of next financial year.
Amended Rule: Rule has been amended and as per latest rule for tds deducted in march 2012 ,due date to deposit tax is 30.04.2012.(read text in red in rule 30 Given below)
Due date to deposit the tax deducted on amount/Income paid in March 2012 and Tax deducted on provisions created in March 2012 is 30.04.2012. This is as per notification 41/2010 dated 31.05.2010
CA SALONI (CHARTERED ACCOUNTANT) 16 April 2012
yes prakash , in both the cases th edue date for payment is 30 apr
CA PRAVEEN SINGH (MANAGER ACCOUNTS) 16 April 2012
YES AGREE WITH ABOVE...SALONI
TDS DEDUCTED IN MARCH UP TO 31 MARCH IS TOBE DEPOSITED ON OR BEFORE 30 APRIL.
CA Kiran Sutrave (CA) 19 April 2012
In both the cases due date for depositing the TDS amount is April 30.