Query related to tds deduction

tds would be deducted on 14.05.2011 on RS. 53000 and same would be deposited on or before 07.06.2011

Thank you

is it ok if we adjust the tds amount on 3rd installment.

you will have booked the exp of rs. 53000 on 14.05.2011 therefore no question arise to adjust tds in 3rd installment,

Actually what happen the bill amount is Rs 53000/- and we made 3 cheques Rs 10000/- , Rs 5000 and Rs 36940/-

We have adjust the tds amount in 3rd installment.

is it right?

It is upto you where to adjust the TDS amount. The requirement is that you should deposit the amount before 7.6.2011. 

hi

u can deduct the TDS as on the date of payment and deposit it accordingly