What will be the due date of TDS for the salary month of February'16 for private limited company. Salary for february will be paid only by march 7th-10th. Do we need to pay tds by march 7th or April 7th ? I have checked in similar forums and found that it will be april 7th but my auditors told it has to be 7th march. Awaiting immediate responses.
It must be paid before 7th March as it becomes due (credit date) on the end of February Month.
TDS must be deducted at the time of payment or credit which ever is earlier
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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