TDS

Tax queries 584 views 3 replies

If any Individual Deduct TDS for The Month of April To Feb, But Does Not deposit that TDS Upto 31-03 Then Can he Claim That Exps In That Year Or Subsequent Year, And Tell The Procedure Of March Tds Also

Replies (3)

tds deducted should be deposited on the due date as per prescribed under the law. but individual can claim expenses only if he deposited the tax by 31st may. for the tds of march, tax should be deposited by 31st may.

regards,

ratan

DEAR

EXP. UP TO END OF FEB. ON WHICH TDS NOT DEPOSITED TILL 31.03 COULD NOT BE CLAIMED AS EXP. IT WILL BE DISALLOWED .  HOWEVER IT MAY CLAIM IN THE YEAR OF PAYMENT OF TDS

Dear Ankit

MR. Naveen K.Goyal is right.

Thanks & Regards

S.K.Gupta

 


CCI Pro

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