TDS not deducted in April on salaries

is it mandatory to deduct TDS every month. I have not deducted TDS in April on salaries for my employees. I am planning to deduct it starting May for all taxable salaries to be earned till march.

Does this attract any penal provision.

Replies (4)
Quick Summary
This discussion clarifies whether it's mandatory to deduct Tax Deducted at Source (TDS) on salaries every single month. The consensus is that while TDS is typically deducted monthly, Section 192(3) of the Income Tax Act allows for adjustments to be made for previous shortfalls. Therefore, not deducting TDS in April and planning to deduct it from May onwards for the remaining taxable salary until March is permissible and should not attract penal provisions, provided the total TDS liability is met by the end of the financial year.

Considering the provisions of section 192(3) which is reproduced below, you may deduct in May:

Excerpts from 192(3): (3) The person responsible for making the payment referred to in sub-section (1) or sub-section (1A) or sub-section (2) or sub-section (2A) or sub-section (2B) may, at the time of making any deduction, increase or reduce the amount to be deducted under this section for the purpose of adjusting any excess or deficiency arising out of any previous deduction or failure to deduct during the financial year.

https://www.incometaxindia.gov.in/pages/acts/income-tax-act.aspx

Consider section 192 for salary TDS

Not mandatory to deduct tds on salary in every month....... u can deduct tds in march month too..........  while u have to file salary return only once in a year....... & that is 24 q ......after completing the f.y. ............. ..........

No problem. u can deduct from may.

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