Split TDS deposit amongst different payment methods

Hello,

I have to deposit TDS for Rs 10 lac against a purchase of property from NRI seller.

The payment for property would be done by bank through home loan via cheque. Can I split the TDS amount into multiple deposits using different payment methods something like this:

SBI credit card - 1.5 lac

HDFC credit card - 1.5 lac

UPI - 1 lac

Net banking - 6 lac

In the sale deed, all the deposit transactions would be mentioned. All the deposits will be done on the same day by me, but the advantage is that i would get the benefit of credit using credit card.

Please guide.

Replies (5)
Quick Summary
This discussion explores the possibility of splitting a large TDS deposit for a property purchase from an NRI seller into multiple payments using different methods. The original poster wants to use credit cards, UPI, and net banking to manage cash flow and gain credit card benefits. While initially questioned, the consensus is that this approach is permissible and can be an effective way to manage finances, especially if there's a temporary cash crunch.

Yes you can.
I do not find any logic behind this..
Originally posted by : sabyasachi mukherjee
I do not find any logic behind this..

Hi, the logic behind that is - I would get credit for 30-45 days and wont have to pay the entire amount immediately from my bank. Within 15 20 days i can arrange money and payback the credit card bill. The UPI transaction would also be through UPI enabled Rupay credit card. So i would need only 6 lac real cash in my account.

Can this be done?

Yes can be done sir. Efficient cashflow management 

I do Understand that if there is a serious cash crunch then obviously it's a serious problem.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details