TDS on Monthly Bills

Dear Experts.,
My query is april month's maintenance charge bill recieved on May 5..
So TDS is deductible on May 5 and should be remitted by June 7.
Is following this system is right?
Replies (3)
Quick Summary
This discussion clarifies the correct procedure for deducting and remitting Tax Deducted at Source (TDS) on monthly bills, specifically maintenance charges. The consensus is that TDS should be deducted when the bill is received and remitted by the due date. While year-end entries might appear as two separate items (February's bill and a March provision), the key is that if services are received monthly, crediting the account due in the same financial year, regardless of whether the bill is dated April or May, is acceptable.

Yes, right
But in the year end there will be two entries.. one is feb month's bill and another is Provision entry for March..

If you are receiving monthly service and want to credit month account due. Then there is no problem in same financial year. You make the due entry April or May (bill date) not an issue.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details