T.d.s on salary

TDS 743 views 5 replies

sachin

Accountant

24 Points Joined April 2013

Hi, my self is sachin kumar, No> 8447417471

I am confused about date of deposit t.d.s challan on salary. and return 24q ,( whether it is submited monthly or qtrlyor yearly) about its return.

kindly tell me

Replies (5)

CA CS Chirag

Practicing CA

834 Points Joined February 2012

in case of TDS on salry, employer is required to deduct TDS on Actual Payment basis and required to file quaterlly return

Deepak Gupta

CA Student

15932 Points Joined May 2011

Originally posted by : sachin

Hi, my self is sachin kumar, No> 8447417471
I am confused about date of deposit t.d.s challan on salary.
.

Due dates for payment of TDS:-

a) In case of an Office of Government:

Tax deposited without Challan [Book Entry]	SAME DAY
Tax deposited with Challan	7TH DAY NEXT MONTH
Tax on perquisites opt to be deposited by the employer.	7TH DAY NEXT MONTH

.
b) In any case other than an Office of Government

Tax deducted in March	30th APRIL NEXT FINANCIAL YEAR
Tax deducted in any other month	7TH DAY NEXT MONTH
Tax on perquisites opted to be deposited by the employer	7TH DAY NEXT MONTH

.
and return 24q ,( whether it is submited monthly or qtrlyor yearly) about its return.
Quarterly Statement
(The requirement of filing an annual return of TDS has been done away with w.e.f. 1.4.2006.)
.
kindly tell me