Hi friends,,
The employer pay salary to an employee on 05/01/2010. what is the date of tds deduction in this case?
I hope u help me.
Thank you.
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what is deduction date?
Replies (1)
Dear Suresh,
TDS in case of Salary is to be deducted at the time of payment and has to be deposited within 7 days from the end of the month in which deduction is made...
So in this case date of deduction would be 05/01/2010 & time limit for deposit would be 07.02.2010
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