Tds on Salary Credited in the Month of March, Payment in May

Dear Member,

I need your help towards my query i.e. If i have Credited TDS on Salary for March Dtd.31.03.10, then Payment can be made after 2 Month i.e. in the month of 7th of May 2010.

Because one of my collegue told me that we have to pay the same in the month of May before or on 7th.

The same is applicable for other TDS section credited in the Month of March 31.3.10

Regards,

Ajay Pandey

Replies (2)

TDS should be deducted on Salary on Paid basis i.e. when u actually pay Salary, and not on you credit it in books of a/cs.

As far as other TDS sections are concerned, if it is credited on last day of F.Y. i.e. on 31st March, you can pay TDS within 2 Months i.e. on or before 31st May.

 

Dear Shri Gajendra R. Tiwari ,


I have been getting  various opinions to my similar query=

[[ https://www.caclubindia.com/forum/tds-on-salaries-payable-on-accrued-or-actual-payment--81017.asp  ]]
We are a newly formed Pvt ltd Company, where Salary to Employees becomes payable from April 2010,  i.e. the salary for April will be paid on 7-May-2010.

Query:  When TDS is to be deposited ??    Till 7-May-  or 7-June

Kindly explain with reference to any specific rule or section.


In this case, as per your opinion,  the tds is to be paid till 7-June


Thanks in advance.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details