Tds payment

YES RIGHT SAID ABOVE...

BUT IN MONTH OF MARCH..IT IS TO BE DEPOSIT 30 TH APRIL...

TDS has to be deposited 7th of next month but in case of March, it should be deposited before 30th april and if the date of deposit public holiday then succeeding working day

it should be within 7 days from the date of payment. please correct me if i am wrong

thanks

chirag

TDS has to be deposited 7th of next month.

but in case of March, it should be deposited before 30th april.

i.e. Suppose you deducting tds on dated 02nd  jan, 10th  jan, 15th jan and 31st jan Rs. 1500, Rs. 2000, Rs. 3000 and Rs. 1500 respecively.

Then you are liable to pay tds on 7th February of Rs. 8000/-

Thanks .......

Thanks,

For the information.