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

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.