Minimum tds amount paid through itns- 281

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 November 2014 My company have to pay TDS on courier ,it comes RS. 2 now whether TDS shall be deposited RS. 2 through ITNS 281 or not .

Nikhil Kaushik

Nikhil Kaushik (Expert)
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04 November 2014 it will be paid using the same challan 281..

Querist : Anonymous

Querist : Anonymous (Querist)

04 November 2014 but sir 288 B Says that tax be paid multiple of Rs. 10 . whether is it correct or not .

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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05 November 2014 section 288B says that you need to round off to the nearest ten...in that case, it is rounded off to ZERO!!

the rounding off principal applies to the final amounts due. while depositing TDS, you will always deposit the exact amount deducted.