TDS Certificate

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Dear Members

If a person deduct tds whole of year and also deduct tds on 31st of march by crediting the deductee a/c. What should be the last date of certificate of TDS? 30th April or 7th of June. Return of TDS for Q4 yet to be filed.

Thanks in advance...

Replies (2)

7th June - in case the deductor is issuing one consolidated TDS certificate incl. credit of income as on the date upto which the accounts of such person are made

Hi Friendz,

I think the last date in case of consolidated certificate can be anything - It can very well be before 7th June or can also go beyond that...

just see Rule 31(2) -

The certificate referred to in sub-rule (1) shall be furnished to the deductee—      

(a)  within one week after the date on which the sum of tax deducted at source is paid to the credit of the Central Government if the payment in respect of which the tax so deducted is by way of crediting on the date upto which the accounts of the deductor are made;

 

Attention is required on -

a) The word used is "paid" & not "required to be paid"

b) Missing words -"end of the month" in which payment is made, which one can easily finf in TDS provisions.


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